One month before the start of the holiday season, 60% of consumers lived paycheck to paycheck. Nineteen percent struggle to pay their monthly bills. These shares are virtually unchanged from last year, indicating that consumers have adjusted to the current economic environment. Even so, consumers...
Millennials were born between 1981 and 1996. They entered the workforce during the economic recession that followed the 2008 crash. They endured years of job insecurity and low wages. Then they suffered the consequences of the COVID pandemic, as one of the most vulnerable segments...
As the impact of rising prices on bill payments becomes more pronounced, U.S. consumers are increasingly relying on credit cards to manage their finances. Cardholders are also seeking credit cards that offer rewards and financial management features to navigate the economic turbulence, as inflation takes...
Consumers examining the debt they’re carrying — and the cost of servicing that debt — may be tempted to make the switch away from credit cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
In an increasingly complex finance environment where consumer services proliferate, consumers are searching for ways to gain control over their finances. One crucial aspect of financial control is bill payment. Many consumers find the bill payment process frustrating and lacking in ease and convenience. They...
While credit rules may vary in other countries, in the United States, having a good credit score is the passport to securing a mortgage, a car loan, or student loan. Basically, it’s not just a nice-to-have — it’s a near-basic necessity. Get the Full Story...
Imagine being at the checkout, set to pay for a snack you’ve just grabbed. Suddenly, the digital screen of the point-of-sale system lights up, suggesting a tip amount significantly higher than your usual practice. The pressure intensifies when someone in line is watching, peeking at...
Inflation has heightened the cost of living, prompting consumers, especially those living paycheck to paycheck, to look for extra ways to supplement their regular income. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Generally speaking, the higher your credit score, the more favorable interest rates and terms you can benefit from when getting a loan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
