Consumers who lived paycheck to paycheck and kept up with their bills bought from an average of 1.9 discretionary categories over the previous year. That...
The fastest-growing part of consumer credit in September was the kind that lets a household put this week’s groceries on next month’s bill. The Federal...
Anthropic is rolling out a Personal Finance feature in Claude and is inviting financial services professionals and firms to help shape how it might work alongside them....
Borrowers who came to Happen to pay off credit cards are giving the bank additional sources of business through their savings. Happen, formerly known as...
Subprime consumers continue paying their credit cards even as many struggle to cover everyday bills. PYMNTS Intelligence’s May report, “Who Is the Subprime Consumer? A...
Credit card delinquencies crept up in September, while net charge-offs declined, according to the latest edition of Seeking Alpha’s Credit Pulse, released Thursday (Oct. 22). This...
Acorns has expanded its financial education community by acquiring Frich, the company said in a Wednesday (Oct. 14) press release. Frich is a community where young Americans learn...
JPMorgan Chase, Bank of America and Wells Fargo hold about $1.6 trillion in deposits that pay no interest, the Financial Times reported. That money tends...
Americans facing higher bills are taking three different approaches to their paychecks, and the largest group is still holding spending steady or increasing it. That...