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...
Consumers with low credit scores may find assistance in their uphill battle toward greater financial security. Financial stumbles may have long-lasting impacts on consumers whose...
Higher rates. A bit more muted consumer sentiment. The paycheck-to-paycheck pressures continue. On Friday (Aug. 25), the final reading of the University of Michigan’s survey on consumer...
As inflation exerts its influence on consumer purchasing decisions, off-price retailers are benefiting. Among the off-price retailers, TJX Companies has recently reported benefiting from the...
Rising interest rates mean increased borrowing costs. For potential homebuyers, this translates to decreased purchasing power, effectively putting the brakes on their homeownership aspirations. The...
America’s banking sector is creeping closer to a wide-ranging downgrade. That’s according to Fitch Ratings analyst Chris Wolfe, who told CNBC Tuesday (Aug. 15) that such a downgrade could...
Consumers in the United States rely less on their primary financial institution (FI) for major credit products than they used to. Many are shopping around...
The world is facing a major slowdown in global trade as economic growth weakens. In addition, governments around the world are increasingly curbing business with...