Subprime Consumers news and trends

Rising Card Delinquencies May Push Subprime Consumers to BNPL and Debit Installment Plans
Consumer Insights // December 11, 2024

Last December, PYMNTS Intelligence detailed in its “Credit Card Use Deep Dive” report that about 14% of the more than 3,500 consumers surveyed had subprime credit scores. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Safeguarding Personal Information Key to Banking Subprime Consumers
Banking // January 12, 2024

As technological advancements continue to revolutionize the financial industry, data privacy and security continues to take center stage, shaping consumer preferences and challenging financial institutions (FIs) to deepen their commitment to ensuring the confidentiality and protection of personal and financial data. Get the Full Story...

Merchants Turn Fresh Eyes to Second-Look Financing to Boost Sales
Retail // September 19, 2023

Labor Day has come and gone, and the holiday season is just around the corner. 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,...

Financial Education Can Help Subprime Consumers Triple Borrowing Capacity
Personal Finance // 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 form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Interviews & Exclusives
40% of Subprime Borrowers Have Applied for BNPL

May 14, 2025
Despite significant systemic barriers, consumers classified as subprime remain active participants in the credit market, seeking both traditional products and alternative options to manage finances and improve their credit standing, according to a new PYMNTS Intelligence report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all […]

Safeguarding Personal Information Key to Banking Subprime Consumers

January 12, 2024
As technological advancements continue to revolutionize the financial industry, data privacy and security continues to take center stage, shaping consumer preferences and challenging financial institutions (FIs) to deepen their commitment...

Merchants Turn Fresh Eyes to Second-Look Financing to Boost Sales

September 19, 2023
Labor Day has come and gone, and the holiday season is just around the corner. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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...