Subprime Borrowers news and trends

Radcred Intros Loan Platform as Emergency Costs Crunch Consumers
Loans // June 25, 2025

Radcred has introduced a platform to meet a “rising demand for online payday loans.” 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....

Borrower Credit Scores Plunge Following Student Loan Delinquencies
Consumer Finance // May 25, 2025

Millions of borrowers have reportedly seen their credit scores plummet because of delinquent student loans. 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,...

25% of Subprime Consumers Use Credit for Nonessentials to Improve Credit Score
Consumer Insights // May 20, 2025

Contrary to perceptions of financial irresponsibility, a significant portion of subprime borrowers actively and strategically use credit to improve their financial standing, revealing an underserved market segment with a strong desire for traditional financial inclusion. It’s one of the insights drawn from the recent PYMNTS...

DOJ Reportedly Closer to Approving Capital One/Discover Merger
Acquisitions // April 01, 2025

The Justice Department (DOJ) is reportedly closer to permitting Capital One’s purchase of Discover. 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,...

Interviews & Exclusives
25% of Subprime Consumers Use Credit for Nonessentials to Improve Credit Score

May 20, 2025
Contrary to perceptions of financial irresponsibility, a significant portion of subprime borrowers actively and strategically use credit to improve their financial standing, revealing an underserved market segment with a strong desire for traditional financial inclusion. It’s one of the insights drawn from the recent PYMNTS report “High Credit Card Denial Rates Force Subprime Borrowers to […]

Subprime Borrowers Seek Strategies to Improve Their Credit Scores

March 12, 2025
The pressures of mounting card debt, still-high interest rates and tightening underwriting threaten to expand the ranks of subprime borrowers — all the while making it harder for those consumers...

Americans Are Borrowing Like It’s 2008 … Sort Of

May 23, 2017
It took almost a full decade, but Americans’ debt level has reached a new all-time high, surpassing the $12.68 trillion peak it reached in the fall of 2008 — the...

Quick Reads
Record Auto Delinquencies Have Subprime Lenders Worried

November 16, 2025
Record levels of late car payments is putting pressure on subprime auto lenders. 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 […]

Radcred Intros Loan Platform as Emergency Costs Crunch Consumers

June 25, 2025
Radcred has introduced a platform to meet a “rising demand for online payday loans.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Borrower Credit Scores Plunge Following Student Loan Delinquencies

May 25, 2025
Millions of borrowers have reportedly seen their credit scores plummet because of delinquent student loans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

DOJ Reportedly Closer to Approving Capital One/Discover Merger

April 01, 2025
The Justice Department (DOJ) is reportedly closer to permitting Capital One’s purchase of Discover. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...