More consumers’ rent payments are being reported to credit reporting agencies, possibly because of new laws and consumers self-reporting those payments, according to TransUnion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Subprime auto lender Tricolor Holdings reportedly filed to liquidate in bankruptcy Wednesday (Sept. 10), the same day it was reported that banks were set to suffer hundreds of millions of dollars in combined losses from loans tied to the company. Get the Full Story Complete...
What if the biggest risk to your credit portfolio isn’t economic, but psychological? “Consumer Credit Economy: Strategy vs. Spontaneity—Navigating the Great Credit Divide,” a new report from PYMNTS Intelligence in collaboration with i2c, uncovers a silent but critical threat: Millions of eligible customers are self-excluding...
Expanding access to credit remains one of the biggest challenges in consumer finance. Legacy systems continue to slow approvals, drive up costs, and limit access to capital. Figure Technology Solutions, in its public filing to offer about 26.3 million shares, is positioning itself as a...
On paper, earning $75,000 to $100,000 a year should place a household squarely in the American middle class. 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...
Most consumers in the United States live paycheck to paycheck, but young generations are finding ways to hold on to more of what they earn. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Executives across the payments and lending spectrum have used their second-quarter earnings calls to emphasize embedded finance not just as a future prospect, but as a present-day growth engine. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
In a financial landscape increasingly defined by digital innovation and fierce competition, a new report reveals a subtle yet profound challenge for financial institutions: many consumers, in their pursuit of control and clarity, are reverting to manual financial management, signaling a deeper need for fundamental simplicity...
The conventional wisdom is that consumers in the United States, burdened by debt, are trapped in a cycle of using credit to get what they need, and then juggling their debt, grappling with monthly payments. Get the Full Story Complete the form to unlock this...
