Consumer Finance

Consumer financing is when a business offers financing to their customers with help from a professional finance company. This allows the consumer to pay for a good or service they couldn't pay for up front in cash or credit card. Consumer finance is helpful for both businesses and consumers
Report: Paper Still Plagues Bill Payment Processes for 88% of Utility, Consumer Finance Firms
Consumer Finance
Report: Paper Still Plagues Bill Payment Processes for 88% of Utility, Consumer Finance Firms
February 11, 2022

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PYMNTS Intelligence: 61% of the US Population Living Paycheck to Paycheck
Consumer Finance
PYMNTS Intelligence: 61% of the US Population Living Paycheck to Paycheck
February 09, 2022

A perfect storm of pandemic economic pressures is driving more working Americans to have to make ends meet between paychecks — a situation that isn’t improving much, if at all. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Paycheck-to-​Paycheck Ranks Swell as Rising Prices Erode Savings
Consumer Finance
Paycheck-to-​Paycheck Ranks Swell as Rising Prices Erode Savings
February 09, 2022

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Payment Declines Double in Value as Consumers Ramp up Big-Ticket Purchases in January
Consumer Finance
Payment Declines Double in Value as Consumers Ramp up Big-Ticket Purchases in January
February 03, 2022

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Current Launches High-Yield Interest Offering to Help Customers Save
Consumer Finance
Current Launches High-Yield Interest Offering to Help Customers Save
January 13, 2022

U.S. FinTech platform Current announced Thursday (Jan. 13) that it has debuted a new high-yield offering called Current Interest. 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...

40% of Consumers Have a Negative View of the Economy
Consumer Finance
40% of Consumers Have a Negative View of the Economy
January 07, 2022

More consumers have a pessimistic outlook about the economy than did in May and, not surprisingly, fewer are optimistic. 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...

One-Third of US Shoppers Made Online Retail Purchases in December
Consumer Finance
One-Third of US Shoppers Made Online Retail Purchases in December
January 03, 2022

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Why Some People’s Credit Scores Spiked During COVID
Consumer Finance
Why Some People’s Credit Scores Spiked During COVID
December 16, 2021

The early months of the pandemic saw businesses close their doors, putting millions of people out of work. At the same time, there was a bit of economic good news, at least for people with low to middling credit histories: Their scores went up. The...

With Inflation on the Rise, Paycheck-to-Paycheck Consumers See Loans as Financial Lifeline
Consumer Finance
With Inflation on the Rise, Paycheck-to-Paycheck Consumers See Loans as Financial Lifeline
December 08, 2021

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