Consumer Finance

Consumer Finance
New Survey Shows Local Charitable Support Holds Big Sway Over Where People Bank
July 22, 2022

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 receive marketing communications from PYMNTS and...

Consumer Finance
New Survey Finds 3 in 4 Consumers With Strong Demand for Super Apps
July 18, 2022

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 receive marketing communications from PYMNTS and...

Consumer Finance
The Data Point: Life-Cycle Events Impact Paycheck-to-Paycheck Status for 51% of Millennials
July 06, 2022

Until quite recently, the term “paycheck-to-paycheck” conjured images of subprime consumers with especially bad money management skills. We now know that this portrait is far from accurate, with our data finding 58% of all U.S. consumers just making ends meet. Get the Full Story Complete...

Consumer Finance
Paycheck-to-Paycheck Consumers Turn to Loans as Savings Safety Nets Fray
July 05, 2022

Personal savings serve key purposes, chief among them as a financial safety net. But runaway inflation has started to eat away at consumers’ cash reserves, which spiked when government stimulus was abundant — and are now getting more and more difficult to replenish. Get the...

Consumer Finance
PYMNTS Am Radar: Livestreaming Upset; Unexpected Pinches; Weakest Link; Healthcare Foundation; ICYMI
July 05, 2022

Today is Tuesday, July 5 and on this day in 1946 — the first war-free summer since World War II ended in September 1945 — the bikini hit the summer fashion scene in Paris. The two-piece swimsuit wouldn’t overcome America’s prudish ways until the early...

Consumer Finance
Unexpected Expenses Could Hobble Inflation-Weary Paycheck-to-Paycheck Consumers
July 05, 2022

Many pressures are putting a pinch on paychecks, the latest unwelcome arrival being runaway inflation that’s compounding a seemingly endless state of financial dismay for millions of Americans, including some of the highest earners in the nation — those making $250,000 a year or more....

Consumer Finance
The Data Point: 58% of Americans Live Paycheck-to-Paycheck, Making It the Common Condition
July 04, 2022

With recession looking more probable by the day, consumers who are already financially strapped are looking at ways of managing money when there’s less of it, and everything costs considerably more than it did even six months ago. Get the Full Story Complete the form...

Consumer Finance
May 2022: 58% of Consumers Live Paycheck to Paycheck, up From 54% a Year Ago
July 01, 2022

The share of consumers living paycheck to paycheck increased by 4 percentage points between May 2021 and May 2022, according to “The New Reality Check,” a PYMNTS and LendingClub collaboration based on a survey of 3,708 consumers. Get the Full Story Complete the form to...

Consumer Finance
The Data Point: Financial Stressors Hammer 65% of Paycheck-to-Paycheck Consumers
June 28, 2022

An inflationary shock is adding to the difficulties of consumers living paycheck-to-paycheck, often with little or no savings, with challenging life events compounding these problems. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...