700Credit Breach Exposes 5.8 Million People's Data

A major data breach at 700Credit, a Michigan-based fintech company serving automotive dealerships nationwide, has exposed the personal information of approximately 5.8 million individuals, officials confirmed this week.

The incident came to light on October 25, 2025, when the company detected unauthorized access to its web application. An investigation revealed that hackers had exploited a compromised third-party application programming interface, or API, to copy sensitive customer records collected from dealership clients between May and October 2025. The stolen data includes names, addresses, dates of birth, and Social Security numbers, though the exact details vary by individual.

700Credit, which provides credit reporting, identity verification, fraud detection, and compliance services to about 18,000 dealerships across North America, emphasized that the breach was confined to its 700Dealer.com application layer. Cybersecurity experts hired by the firm confirmed no intrusion into the company's internal network, allowing normal operations to continue uninterrupted. At this stage, there is no evidence of identity theft, fraud, or other misuse of the compromised information,...