consumer finances

Nearly 40% of Credit Unions Say No to Installment Loans
Nearly 40% of Credit Unions Say No to Installment Loans
December 11, 2023  |  Credit Unions

Traditionally, consumers have relied on their primary financial institutions (FIs), such as banks or credit unions (CUs), for credit products like credit cards, mortgages, auto...

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Most Borrowers Drawn to Speed and Convenience of Instant Disbursements 
Most Borrowers Drawn to Speed and Convenience of Instant Disbursements 
November 30, 2023  |  Disbursements

Disbursements are a critical part of consumers’ financial lives, encompassing various payments such as earnings, income, tax refunds, insurance claims and loan disbursements. While these...

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Price Hikes No Longer ‘Badge of Honor’ in Cooling Economy
Price Hikes No Longer ‘Badge of Honor’ in Cooling Economy
November 16, 2023  |  Retail

Prices are finally coming down at many retailers. Consumers still may not feel relieved. Get the Full Story Complete the form to unlock this article...

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Report: Two-Thirds of Retailers Have Excess Inventory as Holidays Approach
Report: Two-Thirds of Retailers Have Excess Inventory as Holidays Approach
November 13, 2023  |  Retail

American retailers could be saddled with a glut of inventory for the holiday shopping season. Get the Full Story Complete the form to unlock this...

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Millennials Turn to Deferred Payments to Spend More
Millennials Turn to Deferred Payments to Spend More
October 27, 2023  |  Consumer Finance

Millennials and bridge millennials most frequently turn to deferred payments for purchasing consumer items. Get the Full Story Complete the form to unlock this article...

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Nearly 3 in 4 Shoppers Rely on Installment Plans to Control Holiday Spending
Nearly 3 in 4 Shoppers Rely on Installment Plans to Control Holiday Spending
October 10, 2023  |  Consumer Finance

Accounting for nearly 20% of annual retail sales, the holiday season, which spans November and December, is a critical period for both merchants and consumers. ...

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Restaurants Benefit from Consumer Hesitance to Cut Back
Restaurants Benefit from Consumer Hesitance to Cut Back
October 04, 2023  |  Consumer Finance

When consumers’ budgets are pressured, they may cut back, but restaurants benefit from spenders’ strong desire to find other ways to afford the small luxuries...

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Cost-of-Living Spikes Hit Higher Earners Hardest
Cost-of-Living Spikes Hit Higher Earners Hardest
July 10, 2023  |  Consumer Finance

Covering costs amid higher prices have left consumers across income levels stretching their budgets — even among those in the highest earning brackets. Get the...

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Banks Turn to Service to Close Consumer Trust Gap
Banks Turn to Service to Close Consumer Trust Gap
May 10, 2023  |  Banking

PYMNTS asked business leaders for their take on how to plan for the rest of 2023 and what they are telling their teams to focus...

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