consumer credit

Fed Says Consumer Credit Grew 4.3% in June
Fed Says Consumer Credit Grew 4.3% in June
August 07, 2023  |  Consumer Finance

Consumer credit grew at a seasonally adjusted annual rate of 4.3% in June. Get the Full Story Complete the form to unlock this article and...

READ MORE >
Consumers Have Covered Credit Card Bills So Far, but Defaults Loom
Consumers Have Covered Credit Card Bills So Far, but Defaults Loom
July 30, 2023  |  Consumer Finance

Until recently, consumers were largely paying off cards and other loans. Current headwinds may change that. Get the Full Story Complete the form to unlock...

READ MORE >
Rising Use of Amex Cards Shows Credit Appeals to Savvy Younger Consumers
Rising Use of Amex Cards Shows Credit Appeals to Savvy Younger Consumers
July 21, 2023  |  Payment Methods

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
Fed Data Shows Overall Consumer Credit Slows but Revolving Debt Grows  
Fed Data Shows Overall Consumer Credit Slows but Revolving Debt Grows  
July 10, 2023  |  Consumer Finance

For the U.S. consumer, call it a case of digesting the debt that’s already on the books. Get the Full Story Complete the form to...

READ MORE >
Rising Interest Rates Starting to Erode Purchasing Power
Rising Interest Rates Starting to Erode Purchasing Power
June 18, 2023  |  Economy

The Federal Reserve’s interest rate increases are reportedly starting to erode consumer and business purchasing power. Get the Full Story Complete the form to unlock...

READ MORE >
Fed Says Total Consumer Credit Outstandings Grew 5.7% in April
Fed Says Total Consumer Credit Outstandings Grew 5.7% in April
June 07, 2023  |  Consumer Finance

Consumer credit grew at a seasonally adjusted rate of 5.7% in April. Get the Full Story Complete the form to unlock this article and enjoy...

READ MORE >
Secondary Promotions Can Help Merchants Close, or Save, the Sale for Near Prime Consumers
Secondary Promotions Can Help Merchants Close, or Save, the Sale for Near Prime Consumers
May 17, 2023  |  Consumer Finance

The red lights are flashing. Credit is becoming more expensive, lenders are becoming more restrictive. Get the Full Story Complete the form to unlock this...

READ MORE >
Unexpected Life Events Throw Many Consumers Into Credit Insecurity
Unexpected Life Events Throw Many Consumers Into Credit Insecurity
May 15, 2023  |  Consumer Finance

Bank charge-off rates indicate possible trouble on the horizon as consumers increasingly miss monthly payments.  Get the Full Story Complete the form to unlock this...

READ MORE >
Hometap Launches Home Equity Dashboard to Power Homeowners’ Financial Decisions
Hometap Launches Home Equity Dashboard to Power Homeowners’ Financial Decisions
May 10, 2023  |  Consumer Finance

Hometap has launched a digital platform designed to help homeowners make more informed financial decisions about their home. Get the Full Story Complete the form...

READ MORE >