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
Households Pump the Brakes on Credit as Economic Uncertainty Looms
October 07, 2025

Americans are walking a careful line as they navigate inflation and household balance sheets, leveraging credit where needed but showing signs of restraint. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Consumer Finance
Pool United Unveils Multi-User Financial Account for Consumers
October 06, 2025

Pool United unveiled a new multi-user financial account that allows consumers to add multiple users to a shared account, assign roles and permissions, and spend from a shared balance using the Pool Visa Debit Card. Get the Full Story Complete the form to unlock this...

Consumer Finance
SoFi Introduces Options Level 1 for Investing Platform
October 02, 2025

Digital financial services firm SoFi has announced a new expansion to its investing offering. 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
Cash Cushions Dwindle for US Consumers as Savings Rate Dips
September 26, 2025

Consumers in the United States continue to spend, but their incomes are not keeping pace. 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,...

Consumer Finance
Student Loan Borrowers Face ‘Reckoning’ With 29% Delinquent 
September 25, 2025

New TransUnion data shows almost 30% of student loan borrowers behind on their payments. 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...

Consumer Finance
From Casinos to Hamburger Helper: How Families Stretch the Dollar
September 23, 2025

Households in the United States are struggling to cover their monthly expenses. 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
Why Empathy Is Credit’s Last Competitive Edge
September 18, 2025

Watch more: Need to Know 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...

Consumer Finance
Paycheck-to-Paycheck Families Feel No Relief From Fed Rate Cut
September 17, 2025

The U.S. Federal Reserve’s quarter-point interest rate cut, a move widely expected after months on pause, offers a glimmer of hope for U.S. households, but it remains to be seen how quickly, and how deeply, relief will be felt in everyday budgets, especially for the...

Consumer Finance
TransUnion Says More Rent Payments Being Reported to Credit Reporting Agencies
September 15, 2025

More consumers’ rent payments are being reported to credit reporting agencies, possibly because of new laws and consumers self-reporting those payments, according to TransUnion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...