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
Consumer Finance
PYMNTS Am Radar: Livestreaming Upset; Unexpected Pinches; Weakest Link; Healthcare Foundation; ICYMI
July 05, 2022

Today is Tuesday, July 5 and on this day in 1946 — the first war-free summer since World War II ended in September 1945 — the bikini hit the summer fashion scene in Paris. The two-piece swimsuit wouldn’t overcome America’s prudish ways until the early...

Consumer Finance
Unexpected Expenses Could Hobble Inflation-Weary Paycheck-to-Paycheck Consumers
July 05, 2022

Many pressures are putting a pinch on paychecks, the latest unwelcome arrival being runaway inflation that’s compounding a seemingly endless state of financial dismay for millions of Americans, including some of the highest earners in the nation — those making $250,000 a year or more....

Consumer Finance
The Data Point: 58% of Americans Live Paycheck-to-Paycheck, Making It the Common Condition
July 04, 2022

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...

Consumer Finance
May 2022: 58% of Consumers Live Paycheck to Paycheck, up From 54% a Year Ago
July 01, 2022

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...

Consumer Finance
The Data Point: Financial Stressors Hammer 65% of Paycheck-to-Paycheck Consumers
June 28, 2022

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...

Consumer Finance
PYMNTS AM Radar: Walk This Way; Customization with APIs; Dining Loyalty; Paycheck to Paycheck Disruption;...
June 27, 2022

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...

Consumer Finance
NEW DATA: Two-Thirds of Paycheck-to-Paycheck Consumers Faced Financial Disruption in Last 36 Months
June 27, 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...

Consumer Finance
62% of Consumers Made Credit Card Payments in Last 90 Days
June 22, 2022

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...

Consumer Finance
Debit Cards Are US Consumers’ Favorite Payments Go-To
June 20, 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...