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
Restaurants Grab Consumer Spend as Grocery Prices Spike
Consumer Finance
Restaurants Grab Consumer Spend as Grocery Prices Spike
September 15, 2022

While rising food prices have many consumers, by their own reports, eating out less often, data on their spending suggests that when they do dine at a restaurant, they may be going big, springing for higher-end dining experiences. Get the Full Story Complete the form...

New Vehicle Prices Up for 5th Month, Kelley Blue Book Says
Consumer Finance
New Vehicle Prices Up for 5th Month, Kelley Blue Book Says
September 12, 2022

Although there are more vehicles available to shoppers on dealers’ lots, the price of new vehicles is still rising, having set another record in August.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Mastercard Expects Consumers to Spend 7.1% More During Holidays
Consumer Finance
Mastercard Expects Consumers to Spend 7.1% More During Holidays
September 12, 2022

Consumers are expected to spend 7.1% more on retail goods during this year’s holiday season than they did last year, according to the Mastercard SpendingPulse annual holiday forecast. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Study Finds Fewer Than 10% of Consumers Use FinTechs as a Primary Bank
Consumer Finance
Study Finds Fewer Than 10% of Consumers Use FinTechs as a Primary Bank
September 12, 2022

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...

As Prices Rise, Consumers Shift to Meals at Home
Consumer Finance
As Prices Rise, Consumers Shift to Meals at Home
September 09, 2022

With ongoing food price increases come even more consumers opting out of restaurant purchases in favor of more affordable meal options. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

New Survey Shows Consumers Less Optimistic Than Fed on Taming Inflation
Consumer Finance
New Survey Shows Consumers Less Optimistic Than Fed on Taming Inflation
September 09, 2022

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...

The Data Point: Paycheck-to-Paycheck Living Now Stands at 59% of All US Consumers
Consumer Finance
The Data Point: Paycheck-to-Paycheck Living Now Stands at 59% of All US Consumers
September 02, 2022

With inflation deflating the dollar and prices through the roof, more Americans report they are living paycheck-to-paycheck, though the stats vary month to month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Data Brief: While 73% of Shoppers Buy Fresh Groceries, Just 57% Purchase Packaged Food
Consumer Finance
Data Brief: While 73% of Shoppers Buy Fresh Groceries, Just 57% Purchase Packaged Food
August 30, 2022

As food prices rise, many consumers are looking for more cost-effective alternatives. Yet, shoppers shifting from restaurants to grocery stores are not necessarily looking to replace restaurant meals with ready-to-go options. In fact, many more grocery shoppers buy fresh meat and veggies than packaged or...

Consumers Pulled Back on Grocery Purchasing in July
Consumer Finance
Consumers Pulled Back on Grocery Purchasing in July
August 29, 2022

As ongoing inflation has many being more cautious about their spending, the share of consumers making grocery purchases each month is on the decline. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...