Consumer Finance

Consumer Finance
Chinese Consumers Remain Cautious, Investing Instead of Spending
July 19, 2024

Chinese consumers are reportedly choosing to repay debt and buy wealth management products, despite government efforts to get them to spend. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Consumer Finance
Big-Ticket Retail Sales Take Hit in June
July 16, 2024

A flat June reading for retail sales can be a tossup in terms of getting a sense of how the consumer is faring. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Consumer Finance
Revolving Credit’s Pace Surges 6.3% in May as Card Spending Continues
July 08, 2024

Consumers were not shy about loading up on the cards in May. 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...

Consumer Finance
23% of Grocery Shoppers Alienated by High Prices
July 05, 2024

As grocery shoppers look to find the merchant best suited to their needs, a significant share of customers find themselves put off by higher-than-expected prices, threatening their loyalty. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Consumer Finance
Trending: Embedded Finance Performs Double Duty as Sales Enablement Tool
July 03, 2024

It’s a challenging time at retail — both online and in-store. Merchants are grappling with a volatile economy and the fact that consumers, in at least some cases, are reining in their spending. Get the Full Story Complete the form to unlock this article and...

Consumer Finance
White House Pauses Student Loan Repayment for 3 Million Borrowers
June 30, 2024

The Department of Education is reportedly pausing repayments for around 3 million student loan borrowers. 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,...

Consumer Finance
Two-Thirds of Financially Stressed Consumers Revolve Their Credit Card Balances Each Month
June 27, 2024

As consumers look for ways to make ends meet, many of those who do not have a financial safety net are forced to carry their credit card balances over to future bills. Get the Full Story Complete the form to unlock this article and enjoy...

Consumer Finance
Exclusive: Synchrony Expands ‘Second Look’ Partnership With Atlanticus
June 26, 2024

Synchrony Financial and Atlanticus Holdings announced an expansion of their existing partnership Wednesday (June 26) creating a new multiyear agreement that aims to broaden financing options for consumers and merchants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Consumer Finance
LendingClub’s Structured Certificates Program Surpasses $3 Billion in Loans Sold
June 17, 2024

LendingClub has sold more than $3 billion in loans through its Structured LendingClub Loan Certificate program since the launch of that program in April 2023. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...