Consumers in August loaded up on revolving debt, a category that includes credit cards, as they reversed a slowdown, and in some cases, paydowns, on their balances. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
It looks like the paydowns on debt, for most U.S. households, were just a temporary lull. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
Contrary to conventional wisdom, a recent PYMNTS report, “Interest in Mortgages Rises Among Younger, High-Income Individuals,” uncovers that income level is a significantly stronger predictor than age in determining whether consumers currently hold a mortgage or are interested in obtaining one. Get the Full Story Complete...
Credit card defaults are at their highest level since 2010 as consumers feel increasingly stretched. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
April 16, 2025
Contrary to conventional wisdom, a recent PYMNTS report, “Interest in Mortgages Rises Among Younger, High-Income Individuals,” uncovers that income level is a significantly stronger predictor than age in determining whether consumers currently hold a mortgage or are interested in obtaining one. Get the Full Story Complete the form to unlock this article and enjoy unlimited free […]
September 17, 2024
U.S. consumers are taking on more card debt than has been seen in years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
August 06, 2024
Delinquency rates are unchanged, at least in the second quarter. But debt is still rising, indicating the pressures of recent and continued spending on credit cards, on new auto loans...
February 06, 2024
The pressures of increased debt burdens are put in stark relief with the latest data from the central bank. Get the Full Story Complete the form to unlock this article...
December 14, 2025
More than 9 million student loan borrowers have missed at least one payment this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive […]
December 30, 2024
Credit card defaults are at their highest level since 2010 as consumers feel increasingly stretched. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
December 10, 2024
The Federal Trade Commission (FTC) is sending over $540,000 in refunds to consumers harmed by a debt collection scheme. Get the Full Story Complete the form to unlock this article and...
October 09, 2024
LendingClub and AI lending network Pagaya have acquired Tally Technologies’ intellectual property. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
