Earnings season has just begun, and financial firms have been weighing in on the state of consumer spending and whether consumers are meeting their debt...
Watch more: Concora Credit’s CEO Looks to Expand Non-Prime Credit Access Through Partnerships Get the Full Story Complete the form to unlock this article and...
High-income Americans are drowning in debt despite six-figure salaries. LendingClub’s CEO Scott Sanborn believes the solution isn’t more credit — it’s rewarding people for using...
Citigroup is reportedly preparing for a possible decline in consumer financial health by putting aside more provisions for potential losses on loans. Get the Full Story...
Despite ongoing efforts to incentivize credit card usage through rewards programs, American consumers maintain a clear preference split for payment methods based on purchase type....
Anywhere you looked, from mid-April to this week, as earnings season stretched out over the weeks, it was impossible not to hear and read about...
Contrary to perceptions of financial irresponsibility, a significant portion of subprime borrowers actively and strategically use credit to improve their financial standing, revealing an underserved...
The traditional pillars of consumer credit are undergoing a profound transformation as “pay later” options, once a niche for specific shoppers, are now redefining how...
The four financial services companies that reported results Thursday (April 18) — KeyCorp, Truist, American Express and Fifth Third Bancorp — faced investors against a backdrop...