Consumer Finance/page/15 news and trends

Overdrafts Expose a Divide in Credit Access

October 09, 2026
woman looking at bills
Consumers Brace for Higher Prices and Plan to Spend More Anyway
Economy // October 08, 2026

Consumers are entering the final months of the year less worried about losing their jobs, more worried about prices and less confident about where their household finances are headed. The Federal Reserve Bank of New York’s September Survey of Consumer Expectations, released Wednesday (Oct. 7),...

Consumers Trust Their Jobs as Savings Run Thin
Consumer Finance // October 01, 2026

Consumers may still feel secure about their jobs, but a thinner savings cushion is changing the financial environment in which they manage their money. This finding comes from the September 2026 edition of the PYMNTS Consumer Expectations Index, “Consumers Hold the Line as Their Financial...

Weaker Job Prospects Put Consumers’ Cash Cushions in Focus
Economy // September 10, 2026

Americans aren’t expecting a wave of pink slips, but they’re becoming less confident about what would happen if they needed another job. The Federal Reserve Bank of New York’s August Survey of Consumer Expectations found that the mean probability consumers assign to unemployment being higher...

Surprise Bills Test the Value of Subprime Credit
Consumer Finance // September 09, 2026

Watch more: Need to Know With Concora Credit’s Jason Tinurelli An emergency expense doesn’t need to overwhelm a household budget to create a credit problem. For subprime consumers, a medical bill, car repair or veterinary expense can redirect enough cash to jeopardize a payment, putting...

Interviews & Exclusives
Consumers Brace for Higher Prices and Plan to Spend More Anyway

October 08, 2026
Consumers are entering the final months of the year less worried about losing their jobs, more worried about prices and less confident about where their household finances are headed. The Federal Reserve Bank of New York’s September Survey of Consumer Expectations, released Wednesday (Oct. 7), shows median expected household spending growth rose 0.3 percentage point […]

Consumers Trust Their Jobs as Savings Run Thin

October 01, 2026
Consumers may still feel secure about their jobs, but a thinner savings cushion is changing the financial environment in which they manage their money. This finding comes from the September...

Weaker Job Prospects Put Consumers’ Cash Cushions in Focus

September 10, 2026
Americans aren’t expecting a wave of pink slips, but they’re becoming less confident about what would happen if they needed another job. The Federal Reserve Bank of New York’s August...

Surprise Bills Test the Value of Subprime Credit

September 09, 2026
Watch more: Need to Know With Concora Credit’s Jason Tinurelli An emergency expense doesn’t need to overwhelm a household budget to create a credit problem. For subprime consumers, a medical...

Quick Reads
Citi Plans to Acquire Kard to Deliver More Personalized Rewards

August 13, 2026
Citi’s U.S. Consumer Cards business plans to expand its customer engagement and commerce media capabilities by acquiring Kard Financial, a commerce media and rewards platform for banks and FinTechs, Citi said in a Thursday (Aug. 13) press release. The transaction is subject to customary closing conditions, and the companies will continue to operate as independent organizations until […]

Fed Data Shows Consumer Credit Applications at 5-Year High

July 20, 2026
New Federal Reserve data show consumer credit applications reached a nearly-five-year high in June. In the latest edition of its Survey of Consumer Expectations Credit Access Survey, released Monday (July 20), the ⁠Federal ⁠Reserve...

Credit Karma Opens Doors to 17 Million Credit Invisible Americans

May 07, 2026
Credit Karma has begun allowing individuals who don’t have a credit score to open an account and use the resources it offers to build a credit history. This is the...

Sen. Warren Pushes Bank Regulators to Enforce Trump’s Rate Cap

April 28, 2026
Sen. Elizabeth Warren, D-Mass., wrote a letter to bank regulators asking if they plan to enforce a temporary 10% cap on credit card interest rates that President Donald Trump called for...