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
Pending Home Sales At Multi-Month Highs
Consumer Finance
Pending Home Sales At Multi-Month Highs
March 30, 2017

If it’s spring, it must be home-buying time. 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...

Citizens Bank Shares Fall After Discovery of Fake Appointment Data
Consumer Finance
Citizens Bank Shares Fall After Discovery of Fake Appointment Data
March 30, 2017

Employees at Citizens Bank learned the hard way that lying gets nothing accomplished and bosses will likely always find out. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Experian Partners With Finicity To Speed Up Lending
Consumer Finance
Experian Partners With Finicity To Speed Up Lending
March 20, 2017

Experian is pairing up with tech firm Finicity to launch a new product that is intended to make consumer lending in the U.S. a speedier process. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

FICO’s New Groove
Consumer Finance
FICO’s New Groove
March 14, 2017

About half of all Americans who took the SAT still remember their score 25 years later. Only about 40 percent of Americans, on the other hand, have any idea what their credit score is. Get the Full Story Complete the form to unlock this article...

Credit Card Rewards App Sift Announces $1.5 Million Seed Round
Consumer Finance
Credit Card Rewards App Sift Announces $1.5 Million Seed Round
March 13, 2017

Sift, a free application that ensures credit card customers reap the full benefits of their cards, announced a $1.5 million seed round last week, as well as the public release of its app for iOS in the App Store. Get the Full Story Complete the...

Reporting Data For FICO Scores Changes
Consumer Finance
Reporting Data For FICO Scores Changes
March 13, 2017

Good news is ahead for those suffering from low FICO scores — according to reports this morning, civil judgements and tax liens will by and large be coming off of consumer credit reports. The new policy affects the data used in credit score calculations, so it...

Fed Rate Hike Looks Likely In Face Of US Job Growth
Consumer Finance
Fed Rate Hike Looks Likely In Face Of US Job Growth
March 10, 2017

The jobs numbers are in, and they seem strong enough to seal the deal on a rate hike via the Federal Reserve as early as this month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

LendingHome Going After First-Time Home Buyers With New Product
Consumer Finance
LendingHome Going After First-Time Home Buyers With New Product
March 10, 2017

LendingHome, the San Francisco mortgage company, is aiming to expand its market for loans by going after first-time homebuyers. 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...

Rehearing Of PHH Vs. CFPB Looms As Trump Admin To Join PHH Argument
Consumer Finance
Rehearing Of PHH Vs. CFPB Looms As Trump Admin To Join PHH Argument
March 07, 2017

In the latest salvo in the legal wrangling between the Trump administration and the Consumer Financial Protection Bureau (CFPB), the Justice Department has signaled that it will embrace the argument laid out by PHH Corp. that the CFPB is unconstitutional. Get the Full Story Complete...