The pile of household debt keeps growing. According to the Federal Reserve’s latest report this week, Americans added $197 billion in new debt in the third quarter of 2025, bringing total household balances to $18.59 trillion, up 1.1% from the prior quarter and 3.6% from...
Artificial intelligence (AI) lending marketplace Upstart saw growing consumer demand and steady consumer credit strength in the third quarter, executives said Tuesday (Nov. 4) during an earnings call. The company’s originations rose 80% year over year in the third quarter to reach $2.9 billion, according...
Experian UK&I is set to introduce a new credit score in the United Kingdom that will include rental payments and other financial behaviors in consumers’ daily lives. The new Experian Credit Score will begin rolling out this month and will reach all U.K. consumers by...
Younger consumers are reportedly cutting down on their trips to restaurants due to the challenges they face in the labor market. Executives from fast-casual restaurant chains Chipotle and Shake Shack said during earnings calls that the industry is being impacted as younger consumers cut back...
Watch more: Need To Know, Nova Credit, Misha Esipov For decades, credit bureaus have defined how lenders decide who deserves access to credit. But their lens has always been narrow — focused almost entirely on debt, delinquencies, and repayment history. As Nova Credit Co-founder and...
The “Wage to Wallet™ Index: Measuring the Labor Economy’s Impact on U.S. Financial and Economic Health,” a collaboration between PYMNTS Intelligence, WorkWhile and Ingo Payments, shines a spotlight on the 60 million workers whose jobs form the connective tissue of the United States economy. These...
Americans are sorting themselves into distinct budgeting tribes, and not all are thriving. The latest PYMNTS Intelligence Paycheck to Paycheck 2025 report finds that while more consumers say they want to be saving more next year, the reality is that optimism often outpaces behavior. A widening gap...
Consumers in the United States may be strapped, but not everyone feels the same financial strain. The difference often comes down to how they budget. The June edition of PYMNTS Intelligence’s Paycheck-to-Paycheck Report, “Consumers Say They Want Budgeting Tools but Aren’t Using Them,” finds that...
For members of Generation Z, it’s becoming harder and harder to maintain good credit. That age group saw the steepest drop in credit health this year, The New York Times reported Saturday (Oct. 18), citing data from FICO’s Credit Insights Report. According to the report,...