Consumer Finance

Consumer financing is when a business offers financing to their customers with help from a professional finance company. This allows the consumer to pay for a good or service they couldn't pay for up front in cash or credit card. Consumer finance is helpful for both businesses and consumers
Bankers Advocate for Alternate Data to Expand Credit Access at Hearing
Consumer Finance
Bankers Advocate for Alternate Data to Expand Credit Access at Hearing
April 16, 2026

The availability of credit in the United States rests on a vast reporting system that translates consumer behavior into lending decisions, yet lawmakers heard Thursday (April 16) that weaknesses in how data is collected, disputed and applied are constraining access for many households. Get the...

Issuers Face a New Reality as Credit Goes Real Time
Consumer Finance
Issuers Face a New Reality as Credit Goes Real Time
April 16, 2026

Watch more: Need to Know With Paymentology’s Stephen Bowe Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...

Fed Data Signals Consumers Pulling Back on Credit Card Spending
Consumer Finance
Fed Data Signals Consumers Pulling Back on Credit Card Spending
April 07, 2026

Consumer credit continued to expand in February, though the latest data suggests households are becoming more selective in how they borrow and spend. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Wage Divide Widens as Many Delay Medical Care to Cover Essentials
Consumer Finance
Wage Divide Widens as Many Delay Medical Care to Cover Essentials
April 07, 2026

The dividing line in today’s consumer economy is no longer employment itself. It is how workers experience liquidity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Mobile Sports Betting Drives Up Credit Delinquency, NY Fed Says
Consumer Finance
Mobile Sports Betting Drives Up Credit Delinquency, NY Fed Says
March 30, 2026

When mobile sports betting is legalized, consumers’ financial health suffers, according to a study released Wednesday (March 25) by the New York Fed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

FinTechs Shift From Wealth Building to Accelerating Cash Flow
Consumer Finance
FinTechs Shift From Wealth Building to Accelerating Cash Flow
March 27, 2026

The assumption that consumers are motivated primarily by upside has defined the go-to-market playbooks of payments companies, FinTechs and consumer brands for years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

The Future of Credit Is Clashing With Its Past
Consumer Finance
The Future of Credit Is Clashing With Its Past
March 19, 2026

Consumer credit has so far been shaped and defined by a single product. The revolving credit card. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Propel Holdings Bets AI Can Replace FICO for the 40% of Americans Banks Won’t Serve
Consumer Finance
Propel Holdings Bets AI Can Replace FICO for the 40% of Americans Banks Won’t Serve
March 16, 2026

Watch more: Monday Conversation With Propel Holdings’ Clive Kinross Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you...

Inflation Cooled but Essentials Tightened Their Grip
Consumer Finance
Inflation Cooled but Essentials Tightened Their Grip
March 11, 2026

Inflation in the United States appears contained for the moment, yet the latest reading suggests consumers may be navigating a calm that could prove temporary. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...