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
Consumer Finance
2016 Ended Sluggishly, Despite Hopes
December 27, 2016

There is much speculation for how the U.S.’ economic health will temper in 2017. While some say it’s looking up to be a solid year with consumer confidence up and Americans optimistic about their future credit journey, others see concern as the 2016 year comes...

Consumer Finance
Chase Offering Free Credit Scores With Chase Credit Journey
December 22, 2016

Chase Card Services, a division of JPMorgan Chase & Co., announced Wednesday (Dec. 21) the launch of a new website that helps consumers across the U.S. see, understand and make decisions based on their credit score. Get the Full Story Complete the form to unlock...

Credit Restrictions Make Real Estate Buys Stall
December 05, 2016

If the American dream is buying real estate, the U.S. is becoming a divided market, where some dreams come true and others must keep wishing and hoping. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Consumers Still Carrying US Economic Growth
December 01, 2016

In the United States, the consumer seems poised to keep on spending — carrying economic growth higher in the process, for at least the next few months. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Millennials Vs. Baby Boomers: When Does The ‘Cashless Society’ Begin?
December 01, 2016

More than one out of four millennials carry less than $5 cash with them. And according to another study, nearly 20 percent of millennials have not used cash in two months. According to a LinkedIn study, more than a third of millennials are already envisioning...

Consumer Finance
Federal Government To Forgive $108 Billion In Student Loan Debt
December 01, 2016

Student loan borrowers have something to cheer about in the coming years: refunds. That’s according to The Wall Street Journal, which reported the U.S. federal government is on track to provide $108 billion or more in debt forgiveness for student loans during the next few years. Get...

Consumer Finance
For Underbanked, Higher Fees And Auto Payments
November 21, 2016

There are 67 million adults in the United States who are part of the “underserved” market, and those individuals, who do not have bank accounts, paid as much as $141 billion in fees for various financial products last year. Get the Full Story Complete the...

Consumer Finance
Warren Buffett: Economy May Be Softer Than People Think
November 14, 2016

Is the U.S. economy weaker than some of the data might show? 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...

Making More Than Minimum Effort With Credit Cards
November 14, 2016

Making the minimum may require minimum effort … and it provides minimum benefits. 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....