credit access

Nearly Half of Consumers Who Tried to Increase Their Credit Scores Did
Nearly Half of Consumers Who Tried to Increase Their Credit Scores Did
October 24, 2023  |  Debt

Consumers across income levels, credit scores and generations have accumulated high levels of debt. In fact, credit card debt recently surpassed $1 trillion for the...

READ MORE >
High-Debt Consumers Average 14 Late Payments Every Year
High-Debt Consumers Average 14 Late Payments Every Year
October 06, 2023  |  Debt

The United States economy’s heavy reliance on domestic consumption has become more relevant than ever, with consumer credit card debt breaking the $1 trillion mark...

READ MORE >
Fed: Consumer Sentiment Up as Inflation Expectations Decrease
Fed: Consumer Sentiment Up as Inflation Expectations Decrease
August 14, 2023  |  Economy

Consumer sentiment is improving overall, with decreased expectations of inflation. According to the July 2023 Survey of Consumer Expectations released by the Federal Reserve Bank of New York’s Center...

READ MORE >
FinTechs Clear Credit Path for 57% of Subprime Millennials
FinTechs Clear Credit Path for 57% of Subprime Millennials
May 08, 2023  |  Financial Inclusion

With concerns over the banking system dominating the news after the collapse of Silicon Valley Bank and others, it can be easy to lose sight...

READ MORE >
Meet the Credit Insecure: 80M US Consumers Who Lack Reliable Credit Access
Meet the Credit Insecure: 80M US Consumers Who Lack Reliable Credit Access
April 27, 2023  |  Loans

Credit offers consumers the flexibility to buy cars and houses and access college educations, yet data shows that 31% of U.S. consumers — about 80...

READ MORE >
Fundbox And OroCommerce Team To Break The $3.1T Trade Credit Logjam
Fundbox And OroCommerce Team To Break The $3.1T Trade Credit Logjam
June 25, 2019  |  B2B Payments

Trade credit has been around for decades and is less than efficient, with $3.1 trillion tied up in outstanding invoices. To grease the wheels of commerce,...

READ MORE >
Has Microlending Lived Up To The Hype?
Has Microlending Lived Up To The Hype?
January 16, 2019  |  Loans

Microlending – or small loans (less than a few hundred dollars) – has become a popular, buzzed-about method of poverty relief over the last few...

READ MORE >
Petal CEO: Using Cashflow — Not FICO — To Issue Credit Cards
Petal CEO: Using Cashflow — Not FICO — To Issue Credit Cards
April 04, 2018  |  Financial Inclusion

For the 47 percent of Americans with prime credit scores, getting and using a credit card isn’t much of a problem. The problem, Petal co-founder and CEO...

READ MORE >
NY Fed Sees Increase In Access To Consumer Credit
NY Fed Sees Increase In Access To Consumer Credit
November 21, 2017  |  Loans

The Federal Reserve Bank of New York painted a more optimistic picture of U.S. households, saying access to credit has improved at the same time...

READ MORE >