With recession looking more probable by the day, consumers who are already financially strapped are looking at ways of managing money when there’s less of it, and everything costs considerably more than it did even six months ago. Get the Full Story Complete the form...
The share of consumers living paycheck to paycheck increased by 4 percentage points between May 2021 and May 2022, according to “The New Reality Check,” a PYMNTS and LendingClub collaboration based on a survey of 3,708 consumers. Get the Full Story Complete the form to...
An inflationary shock is adding to the difficulties of consumers living paycheck-to-paycheck, often with little or no savings, with challenging life events compounding these problems. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Today is Monday (June 27), and pending home sales data being released this morning are expected to show a 4% drop, the seventh straight month of declines. New home sales data on Friday (June 24) showed a rebound of 10.7% in May with the median...
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Credit cards are the most common credit products that U.S. consumers use. 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...
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...
If you were earning $250,000 per year, it seems as if you’d be insulated from the effects of inflation, but in fact, over one-third (36%) of earners in that bracket are spending every cent, every month. Get the Full Story Complete the form to unlock...
In April, insufficient funds became the most common reason that consumers’ payments were declined, according to “Digital Economy Payments,” a PYMNTS report based on a survey of 3,067 U.S. consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
