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
Will Macro Pressures and ‘FICO Creep’ Be a Boon for Pay Later Options?
Consumer Finance
Will Macro Pressures and ‘FICO Creep’ Be a Boon for Pay Later Options?
March 10, 2025

Monday (March 10) marked another bloodletting on Wall Street, another slew of headlines about tariffs and trade wars. And as economic concerns mount, the picture on consumer debt becomes cloudier. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Revolving Debt and Credit Card Spending Muted in January
Consumer Finance
Revolving Debt and Credit Card Spending Muted in January
March 07, 2025

After a holiday spending frenzy, consumers have returned to a more normalized rate of spending, as measured in incremental borrowing on credit cards and other forms of debt. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Treasurers in Transportation and Logistics Struggle for Recognition
Consumer Finance
Treasurers in Transportation and Logistics Struggle for Recognition
February 25, 2025

Treasurers are vital in transportation and logistics companies, managing liquidity and influencing financial health. But how often do companies underuse their expertise due to limited interdepartmental influence? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Wealthiest 10% of Americans Drive Bulk of Consumer Spending
Consumer Finance
Wealthiest 10% of Americans Drive Bulk of Consumer Spending
February 24, 2025

While many Americans are cutting back, their wealthier neighbors are spending freely. 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...

Card Delinquencies Hit Multiyear High
Consumer Finance
Card Delinquencies Hit Multiyear High
February 13, 2025

The holiday splurge has passed — and now comes the holiday hangover? 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...

Upstart Personal Loans Leap 89% Year Over Year
Consumer Finance
Upstart Personal Loans Leap 89% Year Over Year
February 11, 2025

Upstart’s latest quarterly results showed double-digit gains in loan originations, powered by artificial intelligence (AI) and automation, where management also said that the credit quality of its lending portfolio was strong amid new capital commitments from its lending partners. Get the Full Story Complete the...

Consumer Borrowing Jumps by Record $40.8 Billion
Consumer Finance
Consumer Borrowing Jumps by Record $40.8 Billion
February 09, 2025

U.S. consumer borrowing saw a surprise surge in December, the largest increase on record. 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...

New Data: Financially Strapped Consumers Move to Credit Card Alternatives
Consumer Finance
New Data: Financially Strapped Consumers Move to Credit Card Alternatives
February 05, 2025

Consumers can’t spend money they don’t have, and right now, many are running out of cash. 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...

Consumers Change Spending Habits to Ease Monthly Money Squeeze
Consumer Finance
Consumers Change Spending Habits to Ease Monthly Money Squeeze
February 03, 2025

In the face of escalating living costs, it’s immediate survival or bust for many Americans. 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,...