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
Consumer Finance
Credit Cards A Bright Spot For Big Banks’ Earnings
May 02, 2016

The first quarter came out to be a bit of a downer for big banks. But amid low interest rates and the net interest margin squeeze that came in tandem with lower earnings results, there was a silver lining. Get the Full Story Complete the...

Consumer Finance
How FIs Can Tackle The Financial Management Gap
April 26, 2016

Fiserv research shows proper financial management starts with banks and credit unions providing people with the advice and tools they need. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Consumer Finance
Who Bank Overdraft Fees Hurt Most
April 21, 2016

Overdraft protection is doing little to protect the best financial interests of young consumers and is forcing many to leave the banking system, Pew research has found. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Consumer Finance
Consumer Prices Rose In March – But Not By Much
April 15, 2016

For all the shifting financial sands retailers sit atop, there are still some ironclad rules of economic reasoning – when prices are low, consumers ought to buy more. When they’re high, well, it’s better to hope it’s not by too much. Get the Full Story...

Banks Want In On Check-Cashing Business
April 14, 2016

The New York Times reported that banks are getting into the check-cashing game, charging fees for the service. 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...

Consumer Finance
Wealth Inequality Might Be Hurting Families’ Retail Budgets
March 31, 2016

This year more than most, bombastic speeches about wealth inequality and the shrinking middle class seem more like rhetorical props than actual issues in the real world. More often than not, the discussions revolve around economic redistribution as some kind of zero-sum game between the...

Consumer Finance
Forget Retirement Planning — Millennials Want Student Debt Help From Employers
March 23, 2016

Student loan debt — it’s an issue in the halls of academia across America, in the halls of power on Wall Street and even on the presidential campaign trail. However, few people ever stray beyond the talking points of “Debt bad; Degrees good!” and, as...

Consumer Finance
Prosper, HomeAdvisor Overhaul Home Improvement Financing
March 15, 2016

Homes might not have been a great investment seven or eight years ago, but now that the housing market has more or less stabilized, homeowners looking to get to work on that new addition have even more help on the financial front. Get the Full...

Consumer Finance
Asia-Pacific Home To The Biggest Spenders And Savers
February 25, 2016

If it stands to reason that economies don’t develop at the same rates, then it should follow that the consumers in those economies also experience fluctuations to their confidence in larger markets. It should also follow that the countries that have seen impressive growth over...