For decades, lenders have treated employment as a proxy for stability. But more Americans are piecing together income from hourly work, contract jobs, commissions and gig platforms that can produce dramatically different paychecks from one week to the next. Get the Full Story Complete the...
The number of consumers who refinanced their auto loan in the first quarter nearly doubled compared to the same period two years earlier, The Wall Street Journal (WSJ) reported Wednesday (June 24). Get the Full Story Complete the form to unlock this article and enjoy...
The most useful signal in consumer spending may not be how Americans feel about the economy. It may be how much room they have to keep moving. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
A notable shift is showing up in the finances of subprime consumers: fewer of them are regularly carrying credit card balances month after month, suggesting a group often seen only through a risk lens is adapting its payment habits in practical ways. Get the Full...
The old assumption in consumer finance is that when households run short, they turn to their bank. 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...
As summer begins in the midst of this long holiday weekend kicked off by Juneteenth, the consumer spending outlook appears to contain a contradiction. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Stable employment has long been viewed as the primary pathway to financial security. The Wage to Wallet Index suggests that equation is beginning to break down for millions of Americans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Call it the trillion-dollar question, focused on the U.S. consumer: How much longer can spending keep outpacing the economic headlines? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
It’s a solemn holiday. But within commerce, Memorial Day weekend has long served as a period when inboxes fill with discount codes, storefront banners multiply and merchants try to turn seasonal urgency into sales. Get the Full Story Complete the form to unlock this article...
