consumer finance

Pagaya Secures $280 Million Credit Facility for AI-Driven Consumer Finance Products

Pagaya Secures $280 Million Credit Facility for AI-Driven Consumer Finance Products
Pagaya Secures $280 Million Credit Facility for AI-Driven Consumer Finance Products
February 07, 2024  |  Artificial Intelligence

Pagaya Technologies has secured a credit facility worth $280 million from top global asset managers and financial institutions. Get the Full Story Complete the form to...

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Nearly Half of Credit Users Expect Higher Interest Rates in 2024
Nearly Half of Credit Users Expect Higher Interest Rates in 2024
February 03, 2024  |  Consumer Finance

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Just One-Tenth of Savings Are Stored in Financial Assets
Just One-Tenth of Savings Are Stored in Financial Assets
January 30, 2024  |  Consumer Finance

In times of economic turbulence such as these, investing in interest-bearing financial assets is one way to mitigate the effects of inflation. Although U.S. consumers...

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Chase Teams With CarGurus’ for Online Auto Financing
Chase Teams With CarGurus’ for Online Auto Financing
January 29, 2024  |  Consumer Finance

Chase has joined CarGurus’ multilender financing platform, expanding options for consumers looking to prequalify for auto financing online. Get the Full Story Complete the form to unlock this...

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Versatile Credit Chooses Fiserv Vet Max Rieck as CFO
Versatile Credit Chooses Fiserv Vet Max Rieck as CFO
January 15, 2024  |  Personnel

Embedded lending platform Versatile Credit has named a new finance chief and new engineering head. Get the Full Story Complete the form to unlock this article and...

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Credit Card Delinquencies Near Highest Level Since 2012
Credit Card Delinquencies Near Highest Level Since 2012
January 11, 2024  |  Consumer Finance

Credit card balances and delinquencies have been rising as consumer spending remains strong, but government support drops from pandemic levels. Get the Full Story Complete...

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Paycheck-to-Paycheck Consumers Show Strain as Revolving Credit Balances Spike 17.7%
Paycheck-to-Paycheck Consumers Show Strain as Revolving Credit Balances Spike 17.7%
January 08, 2024  |  Consumer Finance

Consumers loaded up on debt even before the holidays and into Black Friday — and those of us living paycheck to paycheck may feel the...

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Consumers’ Total Outstanding Credit Leaps $23.7 Billion in November
Consumers’ Total Outstanding Credit Leaps $23.7 Billion in November
January 08, 2024  |  Consumer Finance

Consumers’ total outstanding credit leapt by $23.7 billion in November after growing by $5.8 billion the previous month. Get the Full Story Complete the form...

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