consumer finance

Bad Financial Management Habits Lead 30% of Affluent Consumers to Live Paycheck to Paycheck
Bad Financial Management Habits Lead 30% of Affluent Consumers to Live Paycheck to Paycheck
February 27, 2024  |  Consumer Finance

The prices of goods and services will continue to weigh on U.S. consumers’ wallets in 2024. Most consumers still say they live paycheck to paycheck....

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Report: UK Car Loan Probe Could Hurt Banks
Report: UK Car Loan Probe Could Hurt Banks
February 25, 2024  |  Consumer Finance

England’s financial watchdog is taking a long look at the way lenders financed car loans. And that investigation could have broader implications for the country’s...

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Paycheck-to-Paycheck Consumers Could Benefit From Capital One/Discover Deal
Paycheck-to-Paycheck Consumers Could Benefit From Capital One/Discover Deal
February 23, 2024  |  Consumer Finance

In what could be one of the largest acquisitions of the decade, Capital One recently announced it wants to purchase Discover Financial in a deal...

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Capital One/Discover Combo Could Create Financial Ecosystem for Paycheck-to-Paycheck Consumers
Capital One/Discover Combo Could Create Financial Ecosystem for Paycheck-to-Paycheck Consumers
February 20, 2024  |  Acquisitions

In any industry, a $35 billion deal is, of course … a big deal. But in financial services, the news that Capital One has set...

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Consumers Flock to BNPL to Pay for Clothing and Accessories
Consumers Flock to BNPL to Pay for Clothing and Accessories
February 13, 2024  |  Buy Now Pay Later

Consumers are especially inclined to use deferred payment plans to pay for apparel and accessories, PYMNTS Intelligence research reveals, be it buy now, pay later...

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Fed Finds Consumers Optimistic About Credit but Not Inflation
Fed Finds Consumers Optimistic About Credit but Not Inflation
February 12, 2024  |  Economy

U.S. consumers are feeling more optimistic about their financial conditions and access to credit. That’s according to the January 2024 Survey of Consumer Expectations, released Monday...

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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. This facility, consisting of a $255 million term...

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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

It seems United States consumers expect little reprieve from inflation-fueled rising prices of goods and services moving into 2024. Although consumers report feeling somewhat better...

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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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