Consumer Finance

Consumer Finance
Credit-Building Apps Ease Financial Wellness Path for High-Debt Gen Xers
October 24, 2023

In an era of increasing price levels and eroding purchasing power, having a high credit score is vital for accessing credit and maintaining financial stability. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Consumer Finance
Microcredit Puts Loans Within Reach of Emerging-Market Consumers
October 18, 2023

From buy now, pay later (BNPL) to credit card installments, there are diverse credit and lending products available to consumers today. However, for two-thirds of the world’s population, particularly in emerging markets, access to formal credit can be extremely challenging, if not impossible, says Kunal...

Consumer Finance
Consumer Sentiment Study Sees Jump in Inflation One Year Out
October 13, 2023

Consumers don’t think the pressures on the household budgets are going to abate anytime soon. 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
Nearly 1 in 5 High-Debt Consumers With Credit Score Issues Have Filed for Bankruptcy
October 12, 2023

Consumer credit card debt in the United States has surpassed the $1 trillion mark, leading to heightened concerns about credit insecurity among both consumers and providers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Consumer Finance
Zilch Launches Product to Improve Credit Access and Management
October 12, 2023

Zilch, a U.K.-based ad-subsidized payments network, has launched a new credit product called Zilch Up. 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
New Report Finds the Average Consumer Is Overdrawn for 9 Days
October 12, 2023

Present economic and financial challenges have compelled individuals from various income brackets and credit backgrounds to resort to overdrafts — a form of credit whereby a consumer’s bank covers a transaction or withdrawal when there isn’t enough money in an account. Get the Full Story...

Consumer Finance
Subprime Consumers Are ‘Credit Marginalized’ as Spending Lifelines Dry Up
October 11, 2023

Through the next few months, the purses and wallets will open in anticipation of holiday spending. 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...

Consumer Finance
Consumers Don’t Pay Attention to Month-to-Month Grocery Inflation
October 11, 2023

Even as monthly grocery inflation eases, PYMNTS Intelligence reveals, consumers are feeling the weight of the past three years of price increases when they go to the supermarket. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Consumer Finance
LendingClub: Consumers Need a Plan to Avoid the Holiday Revolving Debt Cycle
October 11, 2023

The holidays are firmly in sight. 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 to...