consumer finance

Consumer Borrowing Jumps by Record $40.8 Billion

Consumer Borrowing Jumps by Record $40.8 Billion
Consumer Borrowing Jumps by Record $40.8 Billion
February 09, 2025  |  Consumer Finance

U.S. consumer borrowing saw a surprise surge in December, the largest increase on record. Get the Full Story Complete the form to unlock this article...

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ClarityPay Boosts Consumer Finance Solutions With Neuberger Berman Capital Purchase Program
ClarityPay Boosts Consumer Finance Solutions With Neuberger Berman Capital Purchase Program
February 05, 2025  |  Investments

Point-of-sale lending solution ClarityPay said Wednesday (Feb. 5) that it agreed to up to $1 billion in a capital purchase program from funds managed by...

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New Data: Financially Strapped Consumers Move to Credit Card Alternatives
New Data: Financially Strapped Consumers Move to Credit Card Alternatives
February 05, 2025  |  Consumer Finance

Consumers can’t spend money they don’t have, and right now, many are running out of cash. Get the Full Story Complete the form to unlock...

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Consumers Change Spending Habits to Ease Monthly Money Squeeze
Consumers Change Spending Habits to Ease Monthly Money Squeeze
February 03, 2025  |  Consumer Finance

In the face of escalating living costs, it’s immediate survival or bust for many Americans. Get the Full Story Complete the form to unlock this...

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CFPB Finds Servicemembers Pay More Than Civilians for Auto Loans
CFPB Finds Servicemembers Pay More Than Civilians for Auto Loans
January 29, 2025  |  Consumer Finance

The Consumer Financial Protection Bureau (CFPB) said Wednesday (Jan. 29) that it will continue to protect servicemembers’ financial interests after finding that servicemembers pay more...

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Concern About Labor Market Conditions Drives Decline in Consumer Confidence
Concern About Labor Market Conditions Drives Decline in Consumer Confidence
January 28, 2025  |  Economy

Consumer confidence declined in January but remained within the narrow range it has been in since 2022, The Conference Board said Tuesday (Jan. 28). Get...

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Nearly 60% of Americans Shun Automatic Bill Payments, Study Reveals
Nearly 60% of Americans Shun Automatic Bill Payments, Study Reveals
January 24, 2025  |  Payment Methods

When it comes to payments, the “set it and forget it” option certainly has its allure. Get the Full Story Complete the form to unlock...

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Capital One’s Card Purchase Volumes Grow 7%, Charge-Off Rate Is 6%      
Capital One’s Card Purchase Volumes Grow 7%, Charge-Off Rate Is 6%      
January 21, 2025  |  Banking

Capital One’s fourth quarter results, released after the market closed on Tuesday (Jan. 21), indicated that consumers continue to spend on their cards, and stripping...

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