consumer finance

Gen Z Alone in Reporting Improved Finances This Year
Gen Z Alone in Reporting Improved Finances This Year
December 08, 2023  |  Consumer Finance

The unemployment rate is at pre-pandemic levels and inflation has dropped from 9.1% in July 2022 to 3.2% in October 2023, according to the Bureau...

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Grocery Shoppers’ Budget Strategies May Outlast Inflation
Grocery Shoppers’ Budget Strategies May Outlast Inflation
December 08, 2023  |  Consumer Finance

When household finances are tight, consumers use various strategies to manage their budgets and make ends meet. This behavior applies to every spending category, from...

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Mastercard and Consumers International Team to Improve Consumer Protection
Mastercard and Consumers International Team to Improve Consumer Protection
December 07, 2023  |  Partnerships

Mastercard has teamed with Consumers International to improve protections for vulnerable consumers in the digital finance space. The project, announced Thursday (Dec. 7) and part of the Mastercard...

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5 Ways Consumers Choose to Pay This Holiday Season
5 Ways Consumers Choose to Pay This Holiday Season
December 05, 2023  |  Consumer Insights

’Tis the season … … to puzzle out how to get everyone on your list, well, satisfied. Without breaking the bank. PYMNTS Intelligence data, headed...

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Credit Card Usage 20% Higher Among Indulgent Shoppers
Credit Card Usage 20% Higher Among Indulgent Shoppers
December 05, 2023  |  Consumer Finance

As people build up their savings, they tend to loosen the reins on their spending habits. In fact, it appears that a higher savings balance...

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Nearly 70% of Gen X Incur Overdraft Fees for Attempting Transactions With Insufficient Funds 
Nearly 70% of Gen X Incur Overdraft Fees for Attempting Transactions With Insufficient Funds 
December 04, 2023  |  Consumer Finance

As the economic and financial imbalances caused by the pandemic persist, access to credit has become vital for covering short-term financial needs, purchasing goods and...

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Only 1 in 4 Consumers Have Good Understanding of Credit Products
Only 1 in 4 Consumers Have Good Understanding of Credit Products
December 04, 2023  |  Consumer Finance

Improving credit scores can have significant financial benefits for consumers by accessing better lending conditions and low interest rates. With improved scores, consumers can increase...

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Banks Play Important Role in Helping Paycheck-to-Paycheck Consumers Build Savings
Banks Play Important Role in Helping Paycheck-to-Paycheck Consumers Build Savings
November 28, 2023  |  Consumer Finance

Amber Carroll, senior vice president of membership and lifecycle strategy at LendingClub, told PYMNTS that U.S. consumers face a cash drain — but proactive planning can...

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Side Gigs Help Ease Paycheck-to-Paycheck Consumers’ Financial Stress This Holiday
Side Gigs Help Ease Paycheck-to-Paycheck Consumers’ Financial Stress This Holiday
November 23, 2023  |  Consumer Finance

In today’s challenging economic climate, many consumers find themselves living paycheck to paycheck and struggling to make ends meet. This is why a significant number...

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