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
Urban or Rural, the Paycheck-to-Paycheck Pinch Puts an Equal Squeeze on Consumers
Consumer Finance
Urban or Rural, the Paycheck-to-Paycheck Pinch Puts an Equal Squeeze on Consumers
April 08, 2022

Sixty-two percent of U.S. consumers lived paycheck to paycheck in February, according to “The New Reality Check,” a PYMNTS and LendingClub collaboration based on a survey of 3,250 U.S. consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

The Data Point: 50% of Consumers Earning $100K Now Living Paycheck to Paycheck
Consumer Finance
The Data Point: 50% of Consumers Earning $100K Now Living Paycheck to Paycheck
April 05, 2022

Perception and reality are known to collide and create rude awakenings as we’re finding after months of researching how far paychecks are stretching in the pandemic era. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Why Half of All High-Income US Consumers Are Feeling the Cash Flow Crunch
Consumer Finance
Why Half of All High-Income US Consumers Are Feeling the Cash Flow Crunch
April 04, 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...

Say Hello to the New ‘Customer Centric’ Bank
Consumer Finance
Say Hello to the New ‘Customer Centric’ Bank
March 25, 2022

Financial services, as an industry, has a bit of ham in the pan problem. 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...

Report: U.S. Consumers Take Mobile Payments With Them as They Get Back to Restaurants and Travel
Consumer Finance
Report: U.S. Consumers Take Mobile Payments With Them as They Get Back to Restaurants and...
March 17, 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...

Why ‘Paycheck to Paycheck’ Doesn’t Always Mean ‘Broke’
Consumer Finance
Why ‘Paycheck to Paycheck’ Doesn’t Always Mean ‘Broke’
March 14, 2022

When you read the term “paycheck to paycheck,” it can be easy to picture someone white-knuckling it between the first and third Fridays of each month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Nearly Half of Consumers Earning $100,000 a Year Live Paycheck to Paycheck
Consumer Finance
Nearly Half of Consumers Earning $100,000 a Year Live Paycheck to Paycheck
March 09, 2022

Nearly half of consumers earning more than $100,000 in annual income currently live paycheck to paycheck, according to New Reality Check: The Paycheck-To-Paycheck Report, a PYMNTS and LendingClub collaboration based on a survey of 2,633 U.S. consumers. Get the Full Story Complete the form to...

Nearly Half of High-Income Earners Now Live Paycheck to Paycheck
Consumer Finance
Nearly Half of High-Income Earners Now Live Paycheck to Paycheck
March 03, 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...

24% of Consumers Don’t Trust Digital Account Opening Tech
Consumer Finance
24% of Consumers Don’t Trust Digital Account Opening Tech
February 22, 2022

Fifty-nine percent of consumers have opened new financial accounts in the past year, according to Account Opening And Loan Servicing In The Digital Environment, a PYMNTS collaboration with Finicity, a Mastercard company. Get the Full Story Complete the form to unlock this article and enjoy...