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
Price-Conscious Consumers Open Door for POS Financing Options
Consumer Finance
Price-Conscious Consumers Open Door for POS Financing Options
April 04, 2024

As inflation persists, so does sticker shock. 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 completing this form, you agree...

OCC Asks FIs to Offer Customers ‘High-Quality Financial Literacy Education’
Consumer Finance
OCC Asks FIs to Offer Customers ‘High-Quality Financial Literacy Education’
April 03, 2024

This week, the Office of the Comptroller of the Currency (OCC) asked U.S. financial institutions (FIs) for their help in “improving the financial capability and financial health of their customers.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Block Gains Flexibility With Latest Amendment to Revolving Credit Agreement
Consumer Finance
Block Gains Flexibility With Latest Amendment to Revolving Credit Agreement
April 01, 2024

Block has entered into the eighth amendment to its revolving credit agreement with its lenders and the administrative agent, Goldman Sachs Bank USA. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Credit Card Delinquencies Climb as Consumers’ Savings Dip
Consumer Finance
Credit Card Delinquencies Climb as Consumers’ Savings Dip
April 01, 2024

While the average American consumer remains “credit healthy,” some trouble spots are apparent. 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....

Consumers’ Total Outstanding Credit Leapt $19.5 Billion in January
Consumer Finance
Consumers’ Total Outstanding Credit Leapt $19.5 Billion in January
March 07, 2024

Consumers’ total outstanding credit leapt by $19.5 billion in January. 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 completing this...

Nova Credit Launches Alternative Credit Data Platform for Lenders
Consumer Finance
Nova Credit Launches Alternative Credit Data Platform for Lenders
March 04, 2024

Nova Credit has introduced its Nova Credit Platform, which is aimed at transforming how lenders manage and analyze consumer credit data.  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...

How WealthTech Firms Are Simplifying Investing for Tomorrow’s High-Net-Worth Individuals
Consumer Finance
How WealthTech Firms Are Simplifying Investing for Tomorrow’s High-Net-Worth Individuals
March 04, 2024

A staggering $84 trillion is the amount of cash and assets that Generation X, millennials and Gen Z consumers are set to inherit from older generations over the next two decades. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Bad Financial Management Habits Lead 30% of Affluent Consumers to Live Paycheck to Paycheck
Consumer Finance
Bad Financial Management Habits Lead 30% of Affluent Consumers to Live Paycheck to Paycheck
February 27, 2024

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 completing this form, you agree to receive marketing communications from PYMNTS and...

Report: UK Car Loan Probe Could Hurt Banks
Consumer Finance
Report: UK Car Loan Probe Could Hurt Banks
February 25, 2024

England’s financial watchdog is taking a long look at the way lenders financed car loans. 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,...