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...
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,...
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 to improve their credit standings. Get the Full Story Complete the form to unlock this...
The recent surge in delinquency rates on auto loans in the United States has raised concerns about the financial challenges faced by car owners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
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 […]
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...
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...
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, PYMNTS Today. By completing this form, you agree to receive […]
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 —...
October 22, 2023
The recent surge in delinquency rates on auto loans in the United States has raised concerns about the financial challenges faced by car owners. Get the Full Story Complete the...
May 15, 2018
Borrowers in the U.S. are defaulting on subprime auto loans at a higher rate than during the financial crisis in 2008. Get the Full Story Complete the form to unlock...
