Consumer Debt

PayPal Lowers Installment Credit Threshold To $30 – $99 Purchases
PayPal Lowers Installment Credit Threshold To $30 – $99 Purchases
September 18, 2019  |  Alternative Finances

Consumers now have a range of promotional financing deals to choose from the online payments system PayPal that provides zero-interest installment loans to cover the...

READ MORE >
IPO-Bound Credit Sesame Raises $43M
IPO-Bound Credit Sesame Raises $43M
August 31, 2019  |  Investments

As U.S. household debt climbs, financial health startup Credit Sesame has raised $43 million ahead of its planned IPO, as reported on Friday (Aug. 30)....

READ MORE >
Bringing Debt Management Into The Digital Age 
Bringing Debt Management Into The Digital Age 
July 24, 2019  |  Alternative Finances

“Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.” Get the Full...

READ MORE >
Revolving Credit Balances Rise 5 Pct In May
Revolving Credit Balances Rise 5 Pct In May
July 08, 2019  |  Economy

The debt balances climb ever higher. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

READ MORE >
Canada’s Insolvencies Jump In March To Highest Level In Eight Years
Canada’s Insolvencies Jump In March To Highest Level In Eight Years
May 13, 2019  |  Economy

Consumers in Canada filed 11,963 insolvencies in March, up 5 percent from a year ago and the highest number in eight years. Get the Full...

READ MORE >
Mixed Performance For Bank Credit Card Delinquencies In February
Mixed Performance For Bank Credit Card Delinquencies In February
March 15, 2019  |  Debt

Credit card delinquency rate reports are trickling in on a bank-by-bank basis and a spate of recent disclosures show mixed results. Get the Full Story...

READ MORE >
Default Rates Remain Stable In First Month Of New Year
Default Rates Remain Stable In First Month Of New Year
February 20, 2019  |  Economy

S&P Dow Jones Indices and Experian Wednesday (Feb. 20) released the S&P/Experian Consumer Credit Default Indices data, representing a comprehensive measure of changes in consumer...

READ MORE >
Americans Aren’t Struggling Despite Rising Consumer Debt
Americans Aren’t Struggling Despite Rising Consumer Debt
January 02, 2019  |  Economy

Consumer debt is at a record level — but in terms of handling it, there are no signs that Americans are struggling, reported The Wall Street...

READ MORE >
Oct. Consumer Credit Logs Fastest Gains In 11 Months
Oct. Consumer Credit Logs Fastest Gains In 11 Months
December 07, 2018  |  Debt

The willingness to take on debt and open wallets, at least here, remains unabated. Get the Full Story Complete the form to unlock this article...

READ MORE >