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
US GDP Growth Slows, Hits 1.9 Percent In Q4
January 27, 2017

The United States saw a slowdown in its economic growth, as measured by the fourth quarter, coming in at a 1.9 percent rate, The Wall Street Journal reported Friday (Jan. 27). That’s a marked deceleration from the 3.5 percent rate seen in the third quarter....

Consumer Finance
CFPB Sues Student Loan Servicer Navient
January 19, 2017

The Consumer Financial Protection Bureau (CFPB) announced yesterday (Jan. 18) that it has filed suit against Navient, the largest servicer of federal and private student loans in the United States. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Consumer Finance
The Impact Of A Weaker Dollar On Payments
January 19, 2017

Talking down the dollar seems a new strategy for a new administration.  Here’s what a weaker dollar may mean on stages large and small, from the macro to the micro level. 

Consumer Finance
2016 Ended Sluggishly, Despite Hopes
December 27, 2016

There is much speculation for how the U.S.’ economic health will temper in 2017. While some say it’s looking up to be a solid year with consumer confidence up and Americans optimistic about their future credit journey, others see concern as the 2016 year comes...

Consumer Finance
Chase Offering Free Credit Scores With Chase Credit Journey
December 22, 2016

Chase Card Services, a division of JPMorgan Chase & Co., announced Wednesday (Dec. 21) the launch of a new website that helps consumers across the U.S. see, understand and make decisions based on their credit score. Get the Full Story Complete the form to unlock...

Credit Restrictions Make Real Estate Buys Stall
December 05, 2016

If the American dream is buying real estate, the U.S. is becoming a divided market, where some dreams come true and others must keep wishing and hoping. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Consumers Still Carrying US Economic Growth
December 01, 2016

In the United States, the consumer seems poised to keep on spending — carrying economic growth higher in the process, for at least the next few months. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Consumer Finance
Federal Government To Forgive $108 Billion In Student Loan Debt
December 01, 2016

Student loan borrowers have something to cheer about in the coming years: refunds. That’s according to The Wall Street Journal, which reported the U.S. federal government is on track to provide $108 billion or more in debt forgiveness for student loans during the next few years. Get...

Consumer Finance
For Underbanked, Higher Fees And Auto Payments
November 21, 2016

There are 67 million adults in the United States who are part of the “underserved” market, and those individuals, who do not have bank accounts, paid as much as $141 billion in fees for various financial products last year. Get the Full Story Complete the...