consumer credit

Will Macro Pressures and ‘FICO Creep’ Be a Boon for Pay Later Options?
Will Macro Pressures and ‘FICO Creep’ Be a Boon for Pay Later Options?
March 10, 2025  |  Consumer Finance

Monday (March 10) marked another bloodletting on Wall Street, another slew of headlines about tariffs and trade wars. And as economic concerns mount, the picture...

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Revolving Debt and Credit Card Spending Muted in January
Revolving Debt and Credit Card Spending Muted in January
March 07, 2025  |  Consumer Finance

After a holiday spending frenzy, consumers have returned to a more normalized rate of spending, as measured in incremental borrowing on credit cards and other...

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50 Million Credit Card Outsiders May Be Winners as Banks Bid for Their Business
50 Million Credit Card Outsiders May Be Winners as Banks Bid for Their Business
February 27, 2025  |  Credit Cards

For years, the so-called “credit card outsiders,” a diverse group of American consumers that includes a variety of cohorts, have each independently resisted the credit...

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Consumer Borrowing Jumps by Record $40.8 Billion
Consumer Borrowing Jumps by Record $40.8 Billion
February 09, 2025  |  Consumer Finance

U.S. consumer borrowing saw a surprise surge in December, the largest increase on record. Total credit rose by $40.8 billion following a $5.4 billion decline...

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How Banks Can Reengage the 53 Million Credit Outsiders
How Banks Can Reengage the 53 Million Credit Outsiders
February 07, 2025  |  Consumer Insights

A significant segment of the U.S. population — approximately 53 million individuals — remains outside the traditional credit card ecosystem. These “credit card outsiders” encompass...

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Consumers With Cash Flow Gaps Are 3.5x More Likely to Use BNPL
Consumers With Cash Flow Gaps Are 3.5x More Likely to Use BNPL
February 06, 2025  |  Buy Now Pay Later

As U.S. consumers face cash flow shortages, many are turning to alternative payment methods like buy now, pay later (BNPL) to help them manage their...

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New Data: Financially Strapped Consumers Move to Credit Card Alternatives
New Data: Financially Strapped Consumers Move to Credit Card Alternatives
February 05, 2025  |  Consumer Finance

Consumers can’t spend money they don’t have, and right now, many are running out of cash. The lenders that win are the lenders that give...

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Enova Sees ‘Stable’ Nonprime Consumer Credit, Small Business Trends
Enova Sees ‘Stable’ Nonprime Consumer Credit, Small Business Trends
February 04, 2025  |  Earnings

Enova International’s fourth quarter growth — with double-digit gains in loan originations and revenues — showed strength across small business demand and lending to consumers. The...

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CFPB Warns Consumers of Rising Number of Credit Reporting Firms
CFPB Warns Consumers of Rising Number of Credit Reporting Firms
January 30, 2025  |  CFPB

The CFPB has published its annual list of companies that collect and sell consumer data. The list, the Consumer Financial Protection Bureau (CFPB) said Thursday...

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