QVC Group, the live social shopping company whose brands include QVC and HSN, emerged from bankruptcy with its debt reduced by more than $5 billion, access to a new $600 million asset-based lending facility, and new leadership, the company said in a Thursday (Aug. 6)...
U.K. neobank Monzo has introduced an automated debt consolidation experience designed to make the process simpler for customers. The new offering relieves customers of the need to contact lenders, check balances and settle borrowing themselves, and it improves their access to consolidation loans by automatically...
A notable shift is showing up in the finances of subprime consumers: fewer of them are regularly carrying credit card balances month after month, suggesting a group often seen only through a risk lens is adapting its payment habits in practical ways. That is one...
Inflation in the United States hit 3.8% in April, its highest in nearly three years. The Iran war sent energy costs soaring 18% year over year. Gasoline has jumped more than 28%, and diesel has surged nearly 50% since the conflict began. Food-at-home prices are...
June 23, 2026
A notable shift is showing up in the finances of subprime consumers: fewer of them are regularly carrying credit card balances month after month, suggesting a group often seen only through a risk lens is adapting its payment habits in practical ways. That is one of the clearest takeaways from PYMNTS Intelligence’s “Who Is the Subprime […]
May 28, 2026
Inflation in the United States hit 3.8% in April, its highest in nearly three years. The Iran war sent energy costs soaring 18% year over year. Gasoline has jumped more...
May 11, 2026
Consumers in the United States are still spending. But beneath the spending patterns, a fault line is widening in the way households experience debt, risk and financial security. The PYMNTS...
January 22, 2026
Household finances are increasingly shaped by credit use, as more consumers carry balances month to month rather than paying off purchases in full. According to the PYMNTS Intelligence report, “Pay...
August 07, 2026
QVC Group, the live social shopping company whose brands include QVC and HSN, emerged from bankruptcy with its debt reduced by more than $5 billion, access to a new $600 million asset-based lending facility, and new leadership, the company said in a Thursday (Aug. 6) press release. The news followed QVC Group’s April 16 announcement […]
July 08, 2026
U.K. neobank Monzo has introduced an automated debt consolidation experience designed to make the process simpler for customers. The new offering relieves customers of the need to contact lenders, check...
April 26, 2026
Buying a car in America has gotten harder for a large portion of drivers. That’s according to a report Sunday (April 26) from The Wall Street Journal (WSJ) which says...
March 03, 2026
A top Federal Reserve official said he sees an increasing divide between low-income and high-income households. John C. Williams, president and CEO of the Federal Reserve Bank of New York,...
