consumer finance

Mastercard Forecasts Higher Holiday Spending

Mastercard Forecasts Higher Holiday Spending
Mastercard Forecasts Higher Holiday Spending
September 19, 2023  |  Retail

Mastercard is predicting a “rebalancing” in consumer spending for the 2023 holiday season. Get the Full Story Complete the form to unlock this article and enjoy...

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BofA Reports Rise in Credit Card Charge-Off and Delinquency Rates
BofA Reports Rise in Credit Card Charge-Off and Delinquency Rates
September 15, 2023  |  Banking

Bank of America is seeing more of its customers falling behind on their credit card payments.  Get the Full Story Complete the form to unlock this...

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BofA Expands SafeBalance as Consumers Struggle With Overdrafts
BofA Expands SafeBalance as Consumers Struggle With Overdrafts
September 13, 2023  |  Banking

Bank of America is expanding the requirements of its SafeBalance checking account plan. Get the Full Story Complete the form to unlock this article and enjoy...

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Can Prize-Linked Savings Accounts Help Consumers Play Their Way to Prosperity?
Can Prize-Linked Savings Accounts Help Consumers Play Their Way to Prosperity?
September 13, 2023  |  Consumer Finance

In light of today’s challenging macro environment, Americans’ savings accounts may need some saving themselves. Get the Full Story Complete the form to unlock this...

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Grace Periods, Proactive Approaches Help Consumers With Overdrafts and Account Management
Grace Periods, Proactive Approaches Help Consumers With Overdrafts and Account Management
September 08, 2023  |  Banking

The data show that 20% of individuals have overdrawn their accounts in the past year as they grapple with the demands of inflation, of timing...

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Overdrafts and the US Consumer: A 2023 Report
Overdrafts and the US Consumer: A 2023 Report
September 08, 2023  |  Consumer Finance

Current economic and financial conditions force consumers to tap overdrafts across income levels and credit personas. One in 5 consumers experienced overdrafts or declined transactions...

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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.  Get the Full...

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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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