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
Prudential To Release Large Survey On Asian-American Financial Habits
August 18, 2016

Prudential Financial is gearing up to release findings from what it said is one of the largest ever surveys of financial experiences and behaviors among Asian Americans and Pacific Islanders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

PYMNTS Daily Data Dive: Credit Card Debt At Pre-Crisis Levels
August 01, 2016

Consumers appear to be throwing caution to the wind now that the pain of the 2007 to 2008 recession has subsided to a dull ache; credit card debt is rising at a troubling rate. Meanwhile, Nancy Bush, a banking analyst at NAB research, is warning...

Consumer Finance
Millennials Say No To Student Loan Debt Refinancing
July 13, 2016

Homeowners wouldn’t think twice about refinancing their mortgage into a lower interest rate loan, nor would unsecured debt holders when it comes to consolidating their debt so they pay and owe less. But when it comes to student loans, millennials are actually balking at refinancing...

Consumer Finance
Urban FT Joins Financial Health Beta Project
June 29, 2016

Digital banking solutions provider Urban FT has joined the Center for Financial Services Innovation in an effort to help the finserv industry better gauge consumer financial health. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Consumer Finance
Discover Launches FICO Credit Scorecard
May 23, 2016

Discover has launched a new online functionality called Credit Scorecard to keep its users up to date on their latest FICO credit score. The launch of the service, in partnership with Experian, makes the credit card issuer the first company to offer free credit score reporting...

Consumer Finance
Affirm Taps eBay Executive To Go Beyond POS Payments
May 05, 2016

Max Levchin’s alternative online lender, Affirm, is bringing in the top guns to sturdy up its infrastructure as the company expands business beyond selling point-of-sale systems. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Consumer Finance
Credit Cards A Bright Spot For Big Banks’ Earnings
May 02, 2016

The first quarter came out to be a bit of a downer for big banks. But amid low interest rates and the net interest margin squeeze that came in tandem with lower earnings results, there was a silver lining. Get the Full Story Complete the...

Consumer Finance
How FIs Can Tackle The Financial Management Gap
April 26, 2016

Fiserv research shows proper financial management starts with banks and credit unions providing people with the advice and tools they need. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Consumer Finance
Who Bank Overdraft Fees Hurt Most
April 21, 2016

Overdraft protection is doing little to protect the best financial interests of young consumers and is forcing many to leave the banking system, Pew research has found. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...