consumer finance

50 Million Credit Card Outsiders May Be Winners as Banks Bid for Their Business

50 Million Credit Card Outsiders May Be Winners as Banks Bid for Their Business
50 Million Credit Card Outsiders May Be Winners as Banks Bid for Their Business
February 27, 2025  |  Credit Cards

For years, the so-called “credit card outsiders,” a diverse group of American consumers that includes a variety of cohorts, have each independently resisted the credit...

READ MORE >
Upstart Personal Loans Leap 89% Year Over Year
Upstart Personal Loans Leap 89% Year Over Year
February 11, 2025  |  Consumer Finance

Upstart’s latest quarterly results showed double-digit gains in loan originations, powered by artificial intelligence (AI) and automation, where management also said that the credit quality...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >