Consumer Finance

Consumer Finance
Unexpected Expenses Cost Consumers $5,500 on Average Last Year
April 05, 2024

Unemployment dropped 3.8% last month, offering another sign that the U.S. economy is on a slow but steady upward trajectory. 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
Nearly 6 in 10 US Consumers Live Paycheck to Paycheck 
April 04, 2024

When asked to describe their financial situation recently, nearly one-third of Americans said they are meeting their expenses “with a little left over.” When asked to identify their biggest source of financial stress over the last 30 days, 80% said price increases.  Get the Full Story...

Consumer Finance
Price-Conscious Consumers Open Door for POS Financing Options
April 04, 2024

As inflation persists, so does sticker shock. 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 agree...

Consumer Finance
OCC Asks FIs to Offer Customers ‘High-Quality Financial Literacy Education’
April 03, 2024

This week, the Office of the Comptroller of the Currency (OCC) asked U.S. financial institutions (FIs) for their help in “improving the financial capability and financial health of their customers.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Consumer Finance
Block Gains Flexibility With Latest Amendment to Revolving Credit Agreement
April 01, 2024

Block has entered into the eighth amendment to its revolving credit agreement with its lenders and the administrative agent, Goldman Sachs Bank USA. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Consumer Finance
Credit Card Delinquencies Climb as Consumers’ Savings Dip
April 01, 2024

While the average American consumer remains “credit healthy,” some trouble spots are apparent. 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....

Consumer Finance
Consumers’ Total Outstanding Credit Leapt $19.5 Billion in January
March 07, 2024

Consumers’ total outstanding credit leapt by $19.5 billion in January. 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...

Consumer Finance
Nova Credit Launches Alternative Credit Data Platform for Lenders
March 04, 2024

Nova Credit has introduced its Nova Credit Platform, which is aimed at transforming how lenders manage and analyze consumer credit data.  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...

Consumer Finance
How WealthTech Firms Are Simplifying Investing for Tomorrow’s High-Net-Worth Individuals
March 04, 2024

A staggering $84 trillion is the amount of cash and assets that Generation X, millennials and Gen Z consumers are set to inherit from older generations over the next two decades. Get the Full Story Complete the form to unlock this article and enjoy unlimited...