Consumer Finance

Consumer financing is when a business offers financing to their customers with help from a professional finance company. This allows the consumer to pay for a good or service they couldn't pay for up front in cash or credit card. Consumer finance is helpful for both businesses and consumers
Deal Chasing Becomes Mainstream — and Merchants Shouldn’t Be Happy
Consumer Finance
Deal Chasing Becomes Mainstream — and Merchants Shouldn’t Be Happy
March 06, 2023

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Klarna Teams With Buddy to Promote Gen Z Financial Health
Consumer Finance
Klarna Teams With Buddy to Promote Gen Z Financial Health
March 02, 2023

Klarna has teamed with budgeting app Buddy to help Gen Z consumers track their expenses. 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,...

27% of US Consumers Pulled Money From Savings to Manage Credit Card Debt
Consumer Finance
27% of US Consumers Pulled Money From Savings to Manage Credit Card Debt
February 28, 2023

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Financial Health Finds New Followers in 16% of High-Earners Struggling to Pay Bills
Consumer Finance
Financial Health Finds New Followers in 16% of High-Earners Struggling to Pay Bills
February 27, 2023

Consumers whose annual incomes exceed $100,000 are hardly skating through current economic conditions. In fact, data shows that as of December, 16% of high-income consumers have trouble making ends meet, a 45% increase year over year. Get the Full Story Complete the form to unlock...

NatWest Rooster Money CEO on Making Money ‘Tangible’ for Cash-Free Kids
Consumer Finance
NatWest Rooster Money CEO on Making Money ‘Tangible’ for Cash-Free Kids
February 27, 2023

Making financial decisions is part of everyday life, and that means being financially literate is not just a nice to have, but a core life skill for any individual. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

January Furniture Sales Helped by Promotional Financing
Consumer Finance
January Furniture Sales Helped by Promotional Financing
February 21, 2023

Consumers’ use of retail promotional financing for in-store purchases of furniture rose in January. 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...

Consumers Now Spend 22% of Income on Food, Clothing and Shelter
Consumer Finance
Consumers Now Spend 22% of Income on Food, Clothing and Shelter
February 21, 2023

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Household Pressures Mount as Revolving Card Debt Creeps Up
Consumer Finance
Household Pressures Mount as Revolving Card Debt Creeps Up
February 17, 2023

The American consumer still has some dry powder left when it comes to credit. 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...

Digital Wallets Used More by High Earners, BNPL More by Middle Class
Consumer Finance
Digital Wallets Used More by High Earners, BNPL More by Middle Class
February 13, 2023

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