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Millennials With Student Loans to Lose 6.5% of Spending Power as Repayments Resume
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Millennials With Student Loans to Lose 6.5% of Spending Power as Repayments Resume
June 06, 2023

Federal student loan payments are resuming after a three-year moratorium, putting a dent in millennial and Generation Z consumers’ disposable income. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Subprime Borrowers’ Delinquencies up as Credit Lifeline Grows Taut
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Subprime Borrowers’ Delinquencies up as Credit Lifeline Grows Taut
June 02, 2023

Credit card use is up, and card balances are increasing. 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...

Credit Card Debt Hits $1 Trillion Mark Amid ‘Nonstop’ Spending
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Credit Card Debt Hits $1 Trillion Mark Amid ‘Nonstop’ Spending
May 30, 2023

How high is America’s credit card debt? The answer varies from source to source. 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...

Earnings Season Sheds Light on Rising Card Delinquencies
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Earnings Season Sheds Light on Rising Card Delinquencies
May 15, 2023

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 marketing communications from PYMNTS and...

Consumer Borrowing Jumps Amid Sharp Spike in Credit Card Balances
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Consumer Borrowing Jumps Amid Sharp Spike in Credit Card Balances
May 08, 2023

Borrowing among consumers jumped in March amid a sharp spike in credit card use. 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...

27% of Struggling Paycheck-to-Paycheck Consumers Eye More Credit Card Debt
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27% of Struggling Paycheck-to-Paycheck Consumers Eye More Credit Card Debt
March 20, 2023

The daily juggling act of managing household expenses forcing consumers to think about credit. 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...

Lenders May Seek Better Tools as Millennial Debt Delinquency Expectations Rise
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Lenders May Seek Better Tools as Millennial Debt Delinquency Expectations Rise
March 14, 2023

Monthly government release reflects what lenders’ recent earnings reports have hinted: millennials are sinking in debt. 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...

SoFi Claims $400 Million in Losses From Student Loan Moratorium
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SoFi Claims $400 Million in Losses From Student Loan Moratorium
March 07, 2023

SoFi says the ongoing federal student loan payment moratorium has cost it $400 million. 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...

CFPB: Strong Labor Market and Pandemic Relief Drove Down Collections
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CFPB: Strong Labor Market and Pandemic Relief Drove Down Collections
February 14, 2023

A strong labor market and pandemic relief programs helped consumers keep current on their bills. 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,...