consumer finance

Consumers’ Cautious Return to Spend Leaves Discretionary Retailers Like Best Buy Struggling
Consumers’ Cautious Return to Spend Leaves Discretionary Retailers Like Best Buy Struggling
September 06, 2023  |  Consumer Finance

Earnings statistics suggest that consumers are not quite feeling comfortable about freely spending again — at least for retailers of nonessential goods.  Much to the...

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Baby Boomers Prefer Credit Card Installment Plans 2:1 Over BNPL
Baby Boomers Prefer Credit Card Installment Plans 2:1 Over BNPL
September 05, 2023  |  Consumer Finance

There’s a clear preference for credit card installment plan versus buy now, pay later (BNPL) preferences by baby boomers and seniors. Of these surveyed consumers,...

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Debit Cards, Cash and Tech Help Travelers Manage Their Spend While on the Road
Debit Cards, Cash and Tech Help Travelers Manage Their Spend While on the Road
September 04, 2023  |  Personal Finance

Consumers eagerly embraced the opportunity to travel once again post-pandemic, leading to an increase in travel demand for summer 2023 despite ongoing economic uncertainty and inflationary...

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Two-Thirds of Consumers Charged Summer Travel on Their Credit Cards
Two-Thirds of Consumers Charged Summer Travel on Their Credit Cards
September 01, 2023  |  Credit Cards

Travel rose this summer despite ongoing economic uncertainty and inflationary pressures. PYMNTS’ data finds that consumers planned to travel just as much or more this...

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FinTech Upgrade Expands Services to Include Consumer Auto Loans
FinTech Upgrade Expands Services to Include Consumer Auto Loans
August 30, 2023  |  Personal Loans

Upgrade is expanding its services to include consumer auto loans. To kickstart its auto lending business, the San Francisco-based FinTech company will initially make its offering...

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Big Lots Banks on Holiday Shopping to Bounce Back From Weak Q2
Big Lots Banks on Holiday Shopping to Bounce Back From Weak Q2
August 30, 2023  |  Retail

Big Lots is hoping holiday décor will put consumers in a shopping mood.   The discount retailer, while announcing its second-quarter earnings Tuesday (Aug. 29), acknowledged...

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Budgets May Be Tight but Two-Thirds of Paycheck-to-Paycheck Consumers Continue to Splurge
Budgets May Be Tight but Two-Thirds of Paycheck-to-Paycheck Consumers Continue to Splurge
August 30, 2023  |  Consumer Finance

Inflationary pressures have yet to abate fully, making it necessary for many United States consumers to adjust their lifestyles to live within their means. Even...

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Inflation Increased Credit Card Spending for More Than Half of High-Spending Consumers
Inflation Increased Credit Card Spending for More Than Half of High-Spending Consumers
August 29, 2023  |  Personal Finance

Nearly 200 million in the United States hold at least one bank-issued credit card — a financial tool which has come in handy as inflation...

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Paycheck-to-Paycheck Pressures Remain as Fed Signals Higher Rates, Consumer Sentiment Slips
Paycheck-to-Paycheck Pressures Remain as Fed Signals Higher Rates, Consumer Sentiment Slips
August 25, 2023  |  Personal Finance

Higher rates. A bit more muted consumer sentiment. The paycheck-to-paycheck pressures continue. On Friday (Aug. 25), the final reading of the University of Michigan’s survey on consumer...

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