Consumer Credit/page/3 news and trends

Enova CEO Says Better Data, Not AI Hype, Will Decide Who Gets Credit
Consumer Finance // August 07, 2026

Watch more: Need to Know With Enova’s Steve Cunningham Enova doesn’t want its customer relationships to end when the loan is repaid. That’s the larger ambition behind the lender’s pending acquisition of Grasshopper Bank, Enova CEO Steve Cunningham told PYMNTS CEO Karen Webster. What may...

Why Buy Now, Pay Later Was Never Just About Credit
BNPL // August 05, 2026

I thought that would get your attention. The tale of two Lucys will make my point. Meet 22-year-old Gen Z Lucy. She’s buying a $120 pair of shoes, and using a BNPL provider, is able to split the tab into four $30 payments. She has...

Card Delinquencies Creep Up as Consumers Rely More on Credit
Credit Cards // July 26, 2026

American card delinquencies ticked up in June amid a downturn in charge-offs at major banks. That’s according to the latest edition of Seeking Alpha’s Credit Pulse, published Friday (July 24) and tracking monthly delinquency and charge-off rates at American Express, Synchrony, Bread Financial, Capital One,...

OnePay and Upgrade Team on Personal Loan Program
Consumer Finance // July 20, 2026

Walmart-backed OnePay has teamed with fellow FinTech Upgrade to launch a consumer loan program. OnePay’s Personal Loans offering, announced Monday (July 20), is aimed at addressing what the company describes as rising consumer demand for credit amid increasing costs and a stricter lending environment. “Getting...

Interviews & Exclusives
Galileo Says Secured Credit Is Ready for Its Comeback

June 22, 2026
Watch more: Need to Know With Galileo’s Shankar Pandravada Secured credit cards, in theory, are a tremendously useful product, particularly for financially underserved consumers. But in practice, they’ve been burdened by frictions like clunky onboarding, locked collateral accounts and a stigma that kept many consumers away. “The product itself was never the problem,” Shankar Pandravada, […]

Fed Credit Data Points Toward Consumer Demand for Installments

May 13, 2026
Consumers are still leaning heavily on credit cards, but the latest Federal Reserve household debt data suggests a growing number may soon be looking for ways to turn revolving balances...

Revolving Credit Rates Rise as Everyday Expenses Pinch Consumers

May 07, 2026
Americans are again leaning more heavily on credit cards to finance everyday life. The Federal Reserve’s latest G.19 consumer credit report showed consumer credit increased at a seasonally adjusted annual...

Who Is the Subprime Consumer?

May 07, 2026
Subprime consumers are often viewed through a narrow credit-risk lens. PYMNTS Intelligence’s “Who Is the Subprime Consumer? A Behavioral Profile” shows a different picture: a large, steady and measurable part...

Quick Reads
Plaid Launches Credit and Fraud Models Fueled by Cash Flow Data

October 06, 2026
Plaid is adding new capabilities and artificial intelligence (AI) models to its network that powers digital finance, aiming to help financial firms with their decisions across credit, fraud and payments, the company said in a Tuesday (Oct. 6) press release emailed to PYMNTS. A new capability, Instant Link, lets eligible consumers share their cash flow […]

Card Delinquencies Creep Up as Consumers Rely More on Credit

July 26, 2026
American card delinquencies ticked up in June amid a downturn in charge-offs at major banks. That’s according to the latest edition of Seeking Alpha’s Credit Pulse, published Friday (July 24)...

OnePay and Upgrade Team on Personal Loan Program

July 20, 2026
Walmart-backed OnePay has teamed with fellow FinTech Upgrade to launch a consumer loan program. OnePay’s Personal Loans offering, announced Monday (July 20), is aimed at addressing what the company describes...

Auto Refinancing Volume Doubles as Fed Cuts Rates

June 28, 2026
The number of consumers who refinanced their auto loan in the first quarter nearly doubled compared to the same period two years earlier, The Wall Street Journal (WSJ) reported Wednesday...