The numbers are in, and the economy is looking up: Gross domestic product (GDP) is increasing fast, wages are rising and the unemployment rate is the lowest it has been in decades. In Q2 2018, only 31 percent of consumers fell behind on bill payments,...
Financial fragility doesn’t always present the way most consumers’ imaginations tells them that it will. The most common perception people have of the financially-fragile customer aligns most closely with either the “On the Edge” consumer profile or the “Shut Out” profile described in the PYMNTS/Unifund Financial...
Paul McCartney and The Beatles may have told us that money can’t buy us love, but new research claims that it can certainly buy us happiness. And how much money consumers need to be happy. A recent Gallup World Poll tells us consumers whose households earn...
When it comes to personal finances, it turns out that perception is not always reality. One might expect that consumers in better financial standing would feel more optimistic about the future than consumers in worse financial standing. But data in the latest Financial Invisibles...
November 12, 2018
The numbers are in, and the economy is looking up: Gross domestic product (GDP) is increasing fast, wages are rising and the unemployment rate is the lowest it has been in decades. In Q2 2018, only 31 percent of consumers fell behind on bill payments, as compared to 42 percent in Q4 2017. Yet, no […]
August 02, 2018
Financial fragility doesn’t always present the way most consumers’ imaginations tells them that it will. The most common perception people have of the financially-fragile customer aligns most closely with either...
May 21, 2018
Steve Ashbacher’s college-aged daughter doesn’t like charging things to her credit card, especially when the balance gets high — she’d rather pay cash or debit. She’s learning, though, the importance...
January 25, 2018
Life happens, as the saying goes. When life happens, though, all sorts of things also happen to financial visibility — including the ability to see one’s way toward tackling debt,...
