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
Consumers Still Tapping Cards to Spend but Credit Growth Slows
Consumer Finance
Consumers Still Tapping Cards to Spend but Credit Growth Slows
November 07, 2022

We may be seeing a tipping point for debt — where gains in personal loan borrowing come at the expense of pricier credit card debt. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

‘Excess Savings’ Far Less Excessive Than First Thought
Consumer Finance
‘Excess Savings’ Far Less Excessive Than First Thought
November 04, 2022

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 from PYMNTS and...

Americans Still Have $1.7T in Savings as Recession Looms
Consumer Finance
Americans Still Have $1.7T in Savings as Recession Looms
October 31, 2022

Thanks in part to government intervention during the pandemic, Americans have banked about $1.7 trillion in savings, according to the Federal Reserve. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

40% Of US Households Are More Vulnerable to Labor Market Volatility
Consumer Finance
40% Of US Households Are More Vulnerable to Labor Market Volatility
October 25, 2022

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 from PYMNTS and...

Many Paycheck-to-Paycheck Consumers Seek Relief in New Jobs
Consumer Finance
Many Paycheck-to-Paycheck Consumers Seek Relief in New Jobs
October 24, 2022

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 from PYMNTS and...

Digital Budgeting Tools Are Inflation Era Lifeline for Millennials and Gen Zs
Consumer Finance
Digital Budgeting Tools Are Inflation Era Lifeline for Millennials and Gen Zs
October 19, 2022

As European consumers look to mitigate against continent-wide inflationary pressure, many are tightening their purse strings ahead of what may be a difficult winter. Across the continent, soaring food and fuel prices mean keeping finances in order is more important than ever. Get the Full...

Inflation Means Americans Now Spend $64B More on Essentials
Consumer Finance
Inflation Means Americans Now Spend $64B More on Essentials
October 14, 2022

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 from PYMNTS and...

Paycheck-to-Paycheck Consumers Rethink What’s Essential
Consumer Finance
Paycheck-to-Paycheck Consumers Rethink What’s Essential
October 11, 2022

Over 60% of American are now living paycheck to paycheck, and close to one-quarter of U.S. consumers live paycheck to paycheck and struggle to meet monthly expenses. That harsh reality shows up in the products they buy — or don’t — and related financial behaviors. Get the...

Diners Feeling Price Pressure Despite Restaurants’ Efforts to Cushion Blow
Consumer Finance
Diners Feeling Price Pressure Despite Restaurants’ Efforts to Cushion Blow
October 06, 2022

Restaurants may be doing everything in their power to price below the rate of food inflation, and even below the rate of inflation overall, but consumers are nevertheless noting significant increases in the costs of their favorite meals. Get the Full Story Complete the form...