consumer credit

Earnings Season Sheds Light on State of Subprime Consumers

Earnings Season Sheds Light on State of Subprime Consumers
Earnings Season Sheds Light on State of Subprime Consumers
July 23, 2025  |  Consumer Finance

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...

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Loyalty Starts With Credit for Subprime Consumers, Says Concora CEO
Loyalty Starts With Credit for Subprime Consumers, Says Concora CEO
June 26, 2025  |  Consumer Finance

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...

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LendingClub CEO Says Responsible Spending Deserves Rewards as Credit Dependency Soars
LendingClub CEO Says Responsible Spending Deserves Rewards as Credit Dependency Soars
June 18, 2025  |  Banking

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...

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Citigroup Increases Loan Loss Provisions Due to ‘Macro Environment’
Citigroup Increases Loan Loss Provisions Due to ‘Macro Environment’
June 10, 2025  |  Consumer Finance

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...

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Consumers 2.4 Times More Likely to Use Digital Wallets for Travel Than Groceries
Consumers 2.4 Times More Likely to Use Digital Wallets for Travel Than Groceries
May 28, 2025  |  Consumer Insights

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....

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Earnings Season Finds AI Edge in Lending
Earnings Season Finds AI Edge in Lending
May 21, 2025  |  Artificial Intelligence

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...

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25% of Subprime Consumers Use Credit for Nonessentials to Improve Credit Score
25% of Subprime Consumers Use Credit for Nonessentials to Improve Credit Score
May 20, 2025  |  Consumer Insights

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...

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US BNPL Transactions Hit $175 Billion Amid Shifting Consumer Demands
US BNPL Transactions Hit $175 Billion Amid Shifting Consumer Demands
May 13, 2025  |  BNPL

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...

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