consumer finance

Fed: Credit Rejections Rise While Fewer Consumers Are Able to Handle Emergency Expenses

Fed: Credit Rejections Rise While Fewer Consumers Are Able to Handle Emergency Expenses
Fed: Credit Rejections Rise While Fewer Consumers Are Able to Handle Emergency Expenses
November 20, 2023  |  Consumer Finance

As reported by the Federal Reserve on Monday (Nov. 20), demand for new credit is declining. Get the Full Story Complete the form to unlock...

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4 in 10 Consumers Plan to Tap Into Savings to Cover Holiday Expenses
4 in 10 Consumers Plan to Tap Into Savings to Cover Holiday Expenses
November 20, 2023  |  Consumer Finance

One month before the start of the holiday season, 60% of consumers lived paycheck to paycheck. Nineteen percent struggle to pay their monthly bills. These...

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Millennials Have the Most Difficulties Making Ends Meet
Millennials Have the Most Difficulties Making Ends Meet
November 17, 2023  |  Consumer Finance

Millennials were born between 1981 and 1996. They entered the workforce during the economic recession that followed the 2008 crash. They endured years of job...

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45% of Consumers Hardest Hit by Inflation Carry Revolving Credit Card Balances
45% of Consumers Hardest Hit by Inflation Carry Revolving Credit Card Balances
November 17, 2023  |  Consumer Finance

As the impact of rising prices on bill payments becomes more pronounced, U.S. consumers are increasingly relying on credit cards to manage their finances. Cardholders...

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Consumers’ Credit Card ‘Switch’ Looks Set to Benefit BNPL and Digital Wallets
Consumers’ Credit Card ‘Switch’ Looks Set to Benefit BNPL and Digital Wallets
November 16, 2023  |  Consumer Finance

Consumers examining the debt they’re carrying — and the cost of servicing that debt — may be tempted to make the switch away from credit...

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Millennials Drive Mobile Adoption for Bill Payments
Millennials Drive Mobile Adoption for Bill Payments
November 14, 2023  |  Consumer Finance

In an increasingly complex finance environment where consumer services proliferate, consumers are searching for ways to gain control over their finances. One crucial aspect of...

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BNPL and Financial Education Unlock Opportunities for Credit-Insecure Consumers 
BNPL and Financial Education Unlock Opportunities for Credit-Insecure Consumers 
November 13, 2023  |  Consumer Finance

While credit rules may vary in other countries, in the United States, having a good credit score is the passport to securing a mortgage, a...

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Nearly 60% of Consumers Without Paycheck Pressures Have a Side Hustle Just For Fun
Nearly 60% of Consumers Without Paycheck Pressures Have a Side Hustle Just For Fun
November 09, 2023  |  Consumer Finance

Inflation has heightened the cost of living, prompting consumers, especially those living paycheck to paycheck, to look for extra ways to supplement their regular income....

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