consumer finances

eCommerce Sales Take Big Hit for January; Is Uncertainty to Blame?

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. And though the headlines and analysis — depending on where you go...

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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? The New York Federal Reserve detailed in its most recent report, “Household Debt...

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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. Consumers were already feeling the pinch of higher inflation well before the January data on the Consumer Price Index...

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Consumers Use Credit to Plug Widening Gap Between Income and Spending
Consumers Use Credit to Plug Widening Gap Between Income and Spending
January 31, 2025  |  Consumer Finance

Only a few weeks into the current earnings season, and top-line momentum and commentary from firms, including banks and the payment networks, have all pointed...

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CFPB Warns Consumers of Rising Number of Credit Reporting Firms
CFPB Warns Consumers of Rising Number of Credit Reporting Firms
January 30, 2025  |  Legal & Regulation

The CFPB has published its annual list of companies that collect and sell consumer data. The list, the Consumer Financial Protection Bureau (CFPB) said Thursday...

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Nearly 60% of Americans Shun Automatic Bill Payments, Study Reveals
Nearly 60% of Americans Shun Automatic Bill Payments, Study Reveals
January 24, 2025  |  Payment Methods

When it comes to payments, the “set it and forget it” option certainly has its allure. Providing card or account details to a provider ensures...

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Discover’s Card Charge-Offs Improve and Delinquencies Show Stability
Discover’s Card Charge-Offs Improve and Delinquencies Show Stability
January 23, 2025  |  Earnings

Discover Financial Services posted earnings results on Thursday morning (Jan. 23) that indicated improving credit quality metrics tied to its credit cards, as well as...

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American Honda Finance to Settle CFPB Allegations of ‘Sloppy’ Credit Reporting
American Honda Finance to Settle CFPB Allegations of ‘Sloppy’ Credit Reporting
January 17, 2025  |  Legal & Regulation

American Honda Finance Corporation (AHFC) reached an agreement with the Consumer Financial Protection Bureau (CFPB) to settle the regulator’s allegations that the company reported inaccurate information...

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