Credit Products news and trends

Pier Raises $2.4 Million to Help Businesses Launch Credit Products
Alternative Credit // January 11, 2024

Pier has raised $2.4 million in an oversubscribed round to develop its technology that helps businesses launch credit products. 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...

Nearly 40% of Credit Unions Offer Instant Access to Payday Loans
Credit Unions // December 29, 2023

Credit unions (CUs) have long been a reliable source for credit products such as credit cards, mortgages, auto loans and personal loans. However, with the rise of non-bank and non-CU financial entities offering competitive deals, consumers are increasingly looking for better options.  Get the Full...

Only 1 in 4 Consumers Have Good Understanding of Credit Products
Consumer Finance // December 04, 2023

Improving credit scores can have significant financial benefits for consumers by accessing better lending conditions and low interest rates. With improved scores, consumers can increase their available amount of discretionary spending and help ensure they can afford everyday essentials. However, many consumers do not have...

Marqeta Unveils Enhanced Credit Card Issuing Platform
Credit Cards // October 23, 2023

Card issuing company Marqeta has debuted a new credit card issuing platform. 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...

Interviews & Exclusives
Nearly 40% of Credit Unions Offer Instant Access to Payday Loans

December 29, 2023
Credit unions (CUs) have long been a reliable source for credit products such as credit cards, mortgages, auto loans and personal loans. However, with the rise of non-bank and non-CU financial entities offering competitive deals, consumers are increasingly looking for better options.  Get the Full Story Complete the form to unlock this article and enjoy […]

Financial Education Can Help Subprime Consumers Triple Borrowing Capacity

August 31, 2023
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. Get the Full Story Complete the...

Petal CEO: Using Cashflow — Not FICO — To Issue Credit Cards

April 04, 2018
For the 47 percent of Americans with prime credit scores, getting and using a credit card isn’t much of a problem. Get the Full Story Complete the form to unlock...

Quick Reads
Consumers’ Total Outstanding Credit Rose 3.4% in February

April 05, 2024
Consumers’ total outstanding credit increased by $14.1 billion in February. 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 marketing communications from PYMNTS and […]

Pier Raises $2.4 Million to Help Businesses Launch Credit Products

January 11, 2024
Pier has raised $2.4 million in an oversubscribed round to develop its technology that helps businesses launch credit products. Get the Full Story Complete the form to unlock this article and...

Marqeta Unveils Enhanced Credit Card Issuing Platform

October 23, 2023
Card issuing company Marqeta has debuted a new credit card issuing platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...