consumer finances

White House Faces Opposition to Efforts to Reduce CDFI Fund
White House Faces Opposition to Efforts to Reduce CDFI Fund
March 20, 2025  |  Politics

White House efforts to cut spending on a low-income lending program, the Community Development Financial Institutions Fund (CDFI Fund), are reportedly encountering opposition. Get the Full Story...

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How OppFi Can Say Yes to Credit When Traditional Banks Say No
How OppFi Can Say Yes to Credit When Traditional Banks Say No
March 20, 2025  |  Consumer Finance

U.S. consumers hold a record $1.2 trillion in credit card debt. Right now, households are in a holding pattern, where the growth in card balances...

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59% of Zillennials Value Leasing as Vehicle Purchase Option
59% of Zillennials Value Leasing as Vehicle Purchase Option
March 19, 2025  |  Consumer Insights

Forget the open road and the roar of the engine. A new generation, the zillennials (those born between 1991 and 1999), are approaching transportation with...

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Gen Z Accounts for Largest Increase in Paycheck-to-Paycheck Consumers
Gen Z Accounts for Largest Increase in Paycheck-to-Paycheck Consumers
March 14, 2025  |  Consumer Insights

Generation Z saw the sharpest increase in the number of people living paycheck to paycheck over the past two years. Get the Full Story Complete...

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Airlines Report Bookings Drop Amid Macroeconomic Uncertainty
Airlines Report Bookings Drop Amid Macroeconomic Uncertainty
March 11, 2025  |  Travel Payments

A day after Delta Air Lines cut its guidance, citing lower U.S. consumer confidence, three more airlines made similar comments about the current macroeconomic environment....

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Revolving Debt and Credit Card Spending Muted in January
Revolving Debt and Credit Card Spending Muted in January
March 07, 2025  |  Consumer Finance

After a holiday spending frenzy, consumers have returned to a more normalized rate of spending, as measured in incremental borrowing on credit cards and other...

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eCommerce Sales Take Big Hit for January; Is Uncertainty to Blame?
eCommerce Sales Take Big Hit for January; Is Uncertainty to Blame?
February 14, 2025  |  eCommerce

January’s retail sales data showed a broad slump, worse than economists had expected. Get the Full Story Complete the form to unlock this article and...

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Card Delinquencies Hit Multiyear High
Card Delinquencies Hit Multiyear High
February 13, 2025  |  Consumer Finance

The holiday splurge has passed — and now comes the holiday hangover? Get the Full Story Complete the form to unlock this article and enjoy...

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January’s Inflation Shows Essential Expenses Erode Consumers’ Purchasing Power
January’s Inflation Shows Essential Expenses Erode Consumers’ Purchasing Power
February 12, 2025  |  Economy

It’s not just about the eggs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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