credit scores

From Managing Cash to Improving Credit, BNPL Helps Consumers Balance Payment Needs
From Managing Cash to Improving Credit, BNPL Helps Consumers Balance Payment Needs
September 26, 2023  |  Buy Now Pay Later

From affluent consumers to Gen Zs and baby boomers, buy now, pay later (BNPL) continues to gain popularity across markets, enabling consumers across all ages and income levels to acquire...

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Financial Education Can Help Subprime Consumers Triple Borrowing Capacity
Financial Education Can Help Subprime Consumers Triple Borrowing Capacity
August 31, 2023  |  Personal Finance

In a credit-based economy like the United States, credit scores have a big impact on consumers’ ability to access loans and afford everyday essentials. But...

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Cross River Bank and Current Launch Credit-Building Product
Cross River Bank and Current Launch Credit-Building Product
August 23, 2023  |  credit frictions

Cross River Bank has partnered with FinTech platform Current to launch a new credit-building product that will benefit Current’s over 4 million members. The credit-building product will...

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Credit Sesame Launches Credit-Building Debit Card
Credit Sesame Launches Credit-Building Debit Card
August 16, 2023  |  Personal Finance

Credit Sesame has unveiled a new product that aims to help individuals build and enhance their credit scores through their everyday debit purchases. The new...

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Apps and Alternative Data Key to Bringing Subprime Consumers Into Credit Mainstream
Apps and Alternative Data Key to Bringing Subprime Consumers Into Credit Mainstream
August 14, 2023  |  Consumer Finance

Inflation may be cooling but it still pressures consumers. And, as PYMNTS has found in recent months, individuals are turning more frequently to their credit...

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Upstart’s Unsecured Loan Automation Reaches All-Time High
Upstart’s Unsecured Loan Automation Reaches All-Time High
August 08, 2023  |  Earnings

Artificial intelligence (AI) lending platform Upstart has reached a record percentage of automated unsecured loans. “Last quarter, we reached an all-time high of 88% of unsecured loans...

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Petal Secures $200 Million to Expand Credit Card Program
Petal Secures $200 Million to Expand Credit Card Program
August 03, 2023  |  Financial Inclusion

Petal is preparing to expand its credit card program after securing a $200 million debt facility. The FinTech announced the funding — from investment firm Victory Park...

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Equifax Reports Historically Low Credit Card Delinquencies Amid Strong Q2 Performance
Equifax Reports Historically Low Credit Card Delinquencies Amid Strong Q2 Performance
July 20, 2023  |  Earnings

Equifax released its second quarter earnings report on Wednesday (July 20), announcing a “strong” earnings performance despite mortgage interest rates trending upwards since April.  In terms of...

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40% of BNPL Users Abandon Carts If That Option Is Missing at Checkout
40% of BNPL Users Abandon Carts If That Option Is Missing at Checkout
June 23, 2023  |  Buy Now Pay Later

Retailers that offer a variety of credit options draw in consumers battling the constraints of higher prices and stagnant wages to help them smooth things...

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