The holiday season has offered little reprieve from the rising prices of goods and services still weighing on consumers’ wallets. Many consumers use credit cards as a cash flow management tool. As of November 2023, 62% of consumers lived paycheck to paycheck, with 20% struggling...
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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...
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...
December 19, 2023
The holiday season has offered little reprieve from the rising prices of goods and services still weighing on consumers’ wallets. Many consumers use credit cards as a cash flow management tool. As of November 2023, 62% of consumers lived paycheck to paycheck, with 20% struggling to pay their monthly bills. These shares are virtually unchanged […]
March 27, 2023
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July 18, 2017
F. Scott Fitzgerald is often quoted as the source behind the phrase, “there are no second acts in American life.” But as we all know and have witnessed, American lives are full of...
April 26, 2017
Transparency cures all ills — especially in the online lending space where investors need certainty the pools of debt they’re buying are as represented. Global Debt Registry President Charlie Moore...
August 02, 2022
LendingClub has announced two new members for its board of directors in Faiz Ahmad and Kathryn Reimann, a press release said Tuesday (Aug. 2). 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 […]
May 03, 2022
Paycheck-to-paycheck consumers are three times as likely to revolve credit card debt and carry higher monthly balances, according to the April 2022 edition of “New Reality Check: The Paycheck-To-Paycheck Report,”...
August 07, 2019
Though LendingClub is still reporting losses this quarter and missed its revenue estimates, the market mostly liked what it saw out of the financial services startup when it reported its...
August 21, 2017
With an early string of alternative lenders having a tough go of it, startups looking to raise money are having to show how they will avoid the woes of the...