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
Three in Five Consumers Cut Back on Nonessential Grocery Spending
Consumer Finance
Three in Five Consumers Cut Back on Nonessential Grocery Spending
August 16, 2022

When today’s grocery shoppers browse store aisles, they are not looking for premium products or exciting indulgences — the majority are generally just trying to get the food they need and get out. Get the Full Story Complete the form to unlock this article and...

Roughly Half of All High-Income Consumers Purchase Groceries Online
Consumer Finance
Roughly Half of All High-Income Consumers Purchase Groceries Online
August 10, 2022

With the added fees of grocery delivery and the premium products many of the digitally native eGrocers tout, it is no surprise that online grocery tends to be the purview of high-income consumers. Get the Full Story Complete the form to unlock this article and...

$100K+ Households Saw Biggest Increase in Paycheck-to-Paycheck Living
Consumer Finance
$100K+ Households Saw Biggest Increase in Paycheck-to-Paycheck Living
August 09, 2022

Living paycheck to paycheck is the most common financial lifestyle in the United States, with an increasing share of high-income consumers now doing so.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Nearly Two-Thirds of Consumers Are Uncertain About Their Ability to Afford Food
Consumer Finance
Nearly Two-Thirds of Consumers Are Uncertain About Their Ability to Afford Food
August 08, 2022

As food costs rise and the economy heads for a recession, many consumers are becoming anxious about whether they will be able to keep food on the table. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

The Data Point: 56% of Paycheck-to-Paycheck Consumers Cancel Doctor Visits Over Cost
Consumer Finance
The Data Point: 56% of Paycheck-to-Paycheck Consumers Cancel Doctor Visits Over Cost
August 08, 2022

As inflation cuts into every aspect of affordability, consumers are not just cutting back on nonessentials, they’re also canceling medical appointments due to cost concerns. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

A ‘Tale of Two Halves’ as Paycheck-to-Paycheck Consumers Feel Added Financial Strain
Consumer Finance
A ‘Tale of Two Halves’ as Paycheck-to-Paycheck Consumers Feel Added Financial Strain
August 08, 2022

Cold inflationary winds are ruining warm summer fun for millions of consumers as new data reveals that 13% of Americans have spent more than they earned since the start of 2022. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Inflation Bites as 13% of US Consumers Spent More Than They Earned in Last Six Months
Consumer Finance
Inflation Bites as 13% of US Consumers Spent More Than They Earned in Last Six...
August 01, 2022

As inflation continues its upward swing, consumers worldwide are finding it more difficult to manage spending and put aside savings under mounting financial pressures. In June 2022, 61% of United States consumers were living paycheck to paycheck, a 5.5 percentage-point increase from June 2021. We...

As Savings Dwindle, Paycheck-to-Paycheck Consumers Especially Vulnerable
Consumer Finance
As Savings Dwindle, Paycheck-to-Paycheck Consumers Especially Vulnerable
July 29, 2022

The cash cushion is dwindling across the board, as consumers dip into savings and inflation continues to take its toll. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

New Study Finds 70% of US Consumers Cutting Back on Nonessential Retail Purchases
Consumer Finance
New Study Finds 70% of US Consumers Cutting Back on Nonessential Retail Purchases
July 29, 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...