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
Millennials Vs. Baby Boomers: Raise A Glass To Purchasing Preferences
November 01, 2016

Raising a glass — or rather, the purchasing of whatever goes in that glass — varies from generation to generation. This is also the case for the drinking habits of millennials vs. baby boomers. Get the Full Story Complete the form to unlock this article...

Consumer Finance
Student Loan Borrowers Hit With $125 Million In Interest Charges
October 24, 2016

A new report from the Consumer Financial Protection Bureau found student loan borrowers are paying greater than $125 million in interest charges and that more than 8 million people have gone 12 months or more without making any sort of payment on their students loans. Get...

Consumer Finance
PYMNTS Daily Data Dive: Consumers Are Borrowing … Finally
October 10, 2016

The aftershocks of the financial crisis of 2008 may finally be abating as consumers seem willing to take on more debt and are showing confidence in the U.S economy, according to Bloomberg. Consumers borrowed more in August than they have in the past 12 months,...

Consumer Finance
US Consumer Borrowing Up
October 10, 2016

Fueled by school loans and purchases of new cars, U.S. consumers borrowed more in August than they have in almost a year, according to a Bloomberg report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Consumer Finance
Consumer Deliquencies Fell To Lowest Point In 15 Years Last Quarter
October 07, 2016

Consumers appear to be paying their bills, with the American Bankers Association finding consumer delinquencies fell last quarter to the lowest point in 15 years or more. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Baby Boomers Vs. Millennials: Self-Driving Cars & Airport Experience
October 04, 2016

Self-driving cars are quickly becoming “a thing.” Proof points and whispers range from Apple in talks with Formula One car maker McLaren and auto startup Lit Motors, to the need for pay-per-mile car insurance, to ridesharing company Lyft saying car ownership will simply just disappear. All...

Fannie Mae To Get More Credit Info On Home Borrowers
October 03, 2016

Fannie Mae is casting a wider net when it comes to scrutinizing credit details, according to The New York Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Consumer Finance
Report: Credit Card APRs At Highest Rates In Five Years
September 23, 2016

Americans are carrying more debt than ever before and paying some of the highest credit card rates every recorded, according to new data. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Boomers Vs. Millennials: Holiday Shopping … In September?
September 20, 2016

Don’t wake up Santa or Hanukkah Harry just yet. It’s still technically summer for a few more days, but we already know how shoppers — Baby Boomers and millennials — are going to shop this holiday season. Get the Full Story Complete the form to...