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
Sable Simplifies Credit and Banking Services for US-Based Global Citizens
October 19, 2021

Globalization has created global citizens – people crossing borders and settling in new countries for school or work, or simply choosing to call a new place home. For individuals moving to the U.S., that flexibility comes with huge challenges when it involves simple tasks such...

Consumer Finance
Pagaya Teams With SoFi to Simplify Credit Access
October 18, 2021

FinTech company Pagaya Technologies Ltd. has collaborated with digital personal finance company SoFi, according to a Monday (Oct. 18) press release. The joint effort will enable SoFi to expand members’ access to its financial products via Pagaya’s artificial intelligence (AI), technology and infrastructure, the announcement...

Consumer Finance
NEW DATA: Cash Strapped Consumers Want Mass Payments Via Digital Wallets and Will Pay For...
October 18, 2021

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Consumer Finance
US Spending Momentum Index Drops Again, Visa Says
October 14, 2021

American spending dropped slightly between August and September, according to Visa’s newest findings from its Spending Momentum Index. 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...

Consumer Finance
Paycheck-to-Paycheck Consumers 42% More Likely to Tap Personal Loans
September 29, 2021

Living paycheck to paycheck has brought many individuals and families to tap lenders to manage their financial lives. 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...

Consumer Finance
Food for Thought: As Grocery Bills Rise, Living Paycheck to Paycheck Gets Tougher 
September 28, 2021

As the price of what’s in the pantry rises, consumers living paycheck to paycheck suffer, disproportionately. 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...

Consumer Finance
75 Pct of Lease to Own Consumers Say It Puts Durable Goods Within Reach
September 24, 2021

For millions of consumers, having a limited or blemished credit history means traditional conduits of credit are inaccessible, and so they cannot buy larger-ticket durable goods items. But alternative payment options such as buy now, pay later (BNPL) are gaining traction, and can make those...

Consumer Finance
Household Net Worth, Debt and Credit Rose Significantly in Q2
September 23, 2021

U.S. total household net worth jumped $5.8 trillion to $141.7 trillion in the second quarter of 2021, according to the Federal Reserve’s Financial Accounts of the United States report, which was released Thursday (Sept. 23). Get the Full Story Complete the form to unlock this...

Active Study
Report: Personal Loans Help 36M Paycheck-To-Paycheck Consumers Stay Afloat
September 22, 2021

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