consumer finance

Alt Data Sources Key to Improving Loan Access for the Financially Invisible

Alt Data Sources Key to Improving Loan Access for the Financially Invisible
Alt Data Sources Key to Improving Loan Access for the Financially Invisible
September 27, 2021  |  Financial Inclusion

The problem of financial inclusion is an acute one in the United States. The Office of the Comptroller of the Currency has said that nearly...

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75 Pct of Lease to Own Consumers Say It Puts Durable Goods Within Reach
75 Pct of Lease to Own Consumers Say It Puts Durable Goods Within Reach
September 24, 2021  |  Consumer Finance

For millions of consumers, having a limited or blemished credit history means traditional conduits of credit are inaccessible, and so they cannot buy larger-ticket durable...

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Household Net Worth, Debt and Credit Rose Significantly in Q2
Household Net Worth, Debt and Credit Rose Significantly in Q2
September 23, 2021  |  Consumer Finance

U.S. total household net worth jumped $5.8 trillion to $141.7 trillion in the second quarter of 2021, according to the Federal Reserve’s Financial Accounts of...

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42% Of Millennials Use Paper Checks To Pay Their Rent
42% Of Millennials Use Paper Checks To Pay Their Rent
September 23, 2021  |  Payment Methods

While it’s tempting to think we will see the extinction of the paper check in the not-so-distant future, the reality is that a centuries-old form...

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First National Bank of Omaha Rolls out BNPL Offering
First National Bank of Omaha Rolls out BNPL Offering
September 21, 2021  |  BNPL

First National Bank of Omaha (FNBO) on Tuesday (Sept. 21) launched a buy now pay later platform to give its merchant partners the option to...

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Citing ‘Tale of Two Recessions,’ LendingClub Points to Need for Automated Savings 
Citing ‘Tale of Two Recessions,’ LendingClub Points to Need for Automated Savings 
September 21, 2021  |  Consumer Finance

Data tells a story — and depending on where you look, different data sets tell different stories. Get the Full Story Complete the form to...

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Indian FinTech Slice Drops Card Limit, to Add UPI Payments as Part of Expansion
Indian FinTech Slice Drops Card Limit, to Add UPI Payments as Part of Expansion
September 09, 2021  |  Cross-border Payments

Slice, an Indian fintech startup, has expanded its credit offering, modifying the credit limit to 2,000 rupees, or around $27, which is a massive decrease...

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Most Consumers Overestimate Credit Scores But Still Want To Boost Them
Most Consumers Overestimate Credit Scores But Still Want To Boost Them
August 25, 2021  |  Consumer Finance

There can be a wide gap between perception and reality – in all facets of life, but especially when it comes to credit scores. Get...

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