FinTechs are going after another financial market void, this time providing loans to customers with low credit scores. 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...
The Federal Reserve released numbers this week that showed an annual percentage rate increase of 3.1 percent as measured in June, a moderated pace from the previous month when that pace was 7.5 percent. Get the Full Story Complete the form to unlock this article...
Financial fragility doesn’t always present the way most consumers’ imaginations tells them that it will. The most common perception people have of the financially-fragile customer aligns most closely with either the “On the Edge” consumer profile or the “Shut Out” profile described in the PYMNTS/Unifund Financial...
New data shows that U.S. consumer debt rose in May by the most in six months, showing that Americans were more comfortable with spending midway through the second quarter. The data from the Federal Reserve shows an increase in revolving debt, which includes credit cards,...
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A 10-year study by the National Endowment for Financial Education shows that millennials who are no longer relying on mom and dad for financial help are more confident and happier overall. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Rent-A-Center‘s decision to sell itself to Vintage Capital comes amid a continuing expansion of so-called “alt lending” options for consumers, which could make it more difficult for the chain to reinvent itself as it becomes a private company under its new ownership. Vintage Capital affiliate,...
In the movement from analog to digital, money matters — the type of money that fuels technology, that underpins new products and projects, as paper and manual processes give way to bits and bytes. Get the Full Story Complete the form to unlock this article...
A new study reveals that while Americans are generally overconfident in their financial knowledge, only a few could score a top grade on a financial quiz. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
