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 Pulled Back on Grocery Purchasing in July
Consumer Finance
Consumers Pulled Back on Grocery Purchasing in July
August 29, 2022

As ongoing inflation has many being more cautious about their spending, the share of consumers making grocery purchases each month is on the decline. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

NEW DATA: US Consumers Face Emergency Expenses 3.5x Larger Than Fed Estimates
Consumer Finance
NEW DATA: US Consumers Face Emergency Expenses 3.5x Larger Than Fed Estimates
August 29, 2022

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Wealthier Americans Shave Credit, Debit Card Spending
Consumer Finance
Wealthier Americans Shave Credit, Debit Card Spending
August 25, 2022

Outside of basic purchases like groceries, gas and clothes, Americans earning over $125,000 annually are continuing to reel in credit and debit card spending for the third month in a row, according to a study by the Bank of America Institute. Get the Full Story...

Consumers Stretch Their Spend to Keep Pantries and Wallets Full
Consumer Finance
Consumers Stretch Their Spend to Keep Pantries and Wallets Full
August 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...

Business Management Firm Zuper Teams with Wisetack on Consumer Financing
Consumer Finance
Business Management Firm Zuper Teams with Wisetack on Consumer Financing
August 16, 2022

Field operations specialist Zuper and consumer financing firm Wisetack are linking up based on the premises that consumers will appreciate not having to visit bank offices to borrow money and businesses will benefit from empowering their field agents to arrange financing. Get the Full Story...

Three in Five Consumers Cut Back on Nonessential Grocery Spending
Consumer Finance
Three in Five Consumers Cut Back on Nonessential Grocery Spending
August 16, 2022

When today’s grocery shoppers browse store aisles, they are not looking for premium products or exciting indulgences — the majority are generally just trying to get the food they need and get out. Get the Full Story Complete the form to unlock this article and...

Roughly Half of All High-Income Consumers Purchase Groceries Online
Consumer Finance
Roughly Half of All High-Income Consumers Purchase Groceries Online
August 10, 2022

With the added fees of grocery delivery and the premium products many of the digitally native eGrocers tout, it is no surprise that online grocery tends to be the purview of high-income consumers. Get the Full Story Complete the form to unlock this article and...

$100K+ Households Saw Biggest Increase in Paycheck-to-Paycheck Living
Consumer Finance
$100K+ Households Saw Biggest Increase in Paycheck-to-Paycheck Living
August 09, 2022

Living paycheck to paycheck is the most common financial lifestyle in the United States, with an increasing share of high-income consumers now doing so.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Nearly Two-Thirds of Consumers Are Uncertain About Their Ability to Afford Food
Consumer Finance
Nearly Two-Thirds of Consumers Are Uncertain About Their Ability to Afford Food
August 08, 2022

As food costs rise and the economy heads for a recession, many consumers are becoming anxious about whether they will be able to keep food on the table. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...