consumer finance

Bank Earnings May Highlight Volatile Consumer Spending
Bank Earnings May Highlight Volatile Consumer Spending
April 09, 2024  |  Earnings

Friday marks the beginning of earnings season. And, as is always the case, every three months, the big banks will give a glimpse into the...

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Zolar Raises $109 Million to Launch Financing Solution for Solar
Zolar Raises $109 Million to Launch Financing Solution for Solar
April 08, 2024  |  Consumer Finance

Zolar, a digital platform for residential solar in Germany, has reportedly raised €100 million (about $109 million) in funding to launch a new financing solution...

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Fed Data: US Consumers See Higher Risk of Missing Debt Payments
Fed Data: US Consumers See Higher Risk of Missing Debt Payments
April 08, 2024  |  Economy

Takeaways from the Federal Reserve Bank of New York’s March Survey of Consumer Expectations include emerging concerns about debt. Consumers haven’t budged in their expectations...

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Biden Offers New Debt Relief to Student Loan Borrowers
Biden Offers New Debt Relief to Student Loan Borrowers
April 08, 2024  |  Loans

The White House has unveiled its latest effort to offer relief to student loan borrowers. The plan, President Joe Biden announced Monday (April 8), targets borrowers who...

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Paycheck-to-Paycheck Economy Moves to Higher-Income Brackets
Paycheck-to-Paycheck Economy Moves to Higher-Income Brackets
April 05, 2024  |  Consumer Finance

The good news is the U.S. economy added more than 300,000 jobs last month and many U.S. workers are now earning higher wages.  The not-so-great news...

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Unexpected Expenses Cost Consumers $5,500 on Average Last Year
Unexpected Expenses Cost Consumers $5,500 on Average Last Year
April 05, 2024  |  Consumer Finance

Unemployment dropped 3.8% last month, offering another sign that the U.S. economy is on a slow but steady upward trajectory. And while this news is...

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Nearly 6 in 10 US Consumers Live Paycheck to Paycheck 
Nearly 6 in 10 US Consumers Live Paycheck to Paycheck 
April 04, 2024  |  Consumer Finance

When asked to describe their financial situation recently, nearly one-third of Americans said they are meeting their expenses “with a little left over.” When asked to...

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Price-Conscious Consumers Open Door for POS Financing Options
Price-Conscious Consumers Open Door for POS Financing Options
April 04, 2024  |  Consumer Finance

As inflation persists, so does sticker shock. For merchants seeking to close the sale, financing offered at the point of sale — before the purchase...

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OCC Asks FIs to Offer Customers ‘High-Quality Financial Literacy Education’
OCC Asks FIs to Offer Customers ‘High-Quality Financial Literacy Education’
April 03, 2024  |  Consumer Finance

This week, the Office of the Comptroller of the Currency (OCC) asked U.S. financial institutions (FIs) for their help in “improving the financial capability and financial health...

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