consumer finances

Nearly 3 in 4 Shoppers Rely on Installment Plans to Control Holiday Spending
Nearly 3 in 4 Shoppers Rely on Installment Plans to Control Holiday Spending
October 10, 2023  |  Consumer Finance

Accounting for nearly 20% of annual retail sales, the holiday season, which spans November and December, is a critical period for both merchants and consumers. ...

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Restaurants Benefit from Consumer Hesitance to Cut Back
Restaurants Benefit from Consumer Hesitance to Cut Back
October 04, 2023  |  Consumer Finance

When consumers’ budgets are pressured, they may cut back, but restaurants benefit from spenders’ strong desire to find other ways to afford the small luxuries...

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Cost-of-Living Spikes Hit Higher Earners Hardest
Cost-of-Living Spikes Hit Higher Earners Hardest
July 10, 2023  |  Consumer Finance

Covering costs amid higher prices have left consumers across income levels stretching their budgets — even among those in the highest earning brackets. The share...

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Banks Turn to Service to Close Consumer Trust Gap
Banks Turn to Service to Close Consumer Trust Gap
May 10, 2023  |  Banking

PYMNTS asked business leaders for their take on how to plan for the rest of 2023 and what they are telling their teams to focus...

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Revolving Debt Soars in Ominous Sign for Paycheck-to-Paycheck Consumers 
Revolving Debt Soars in Ominous Sign for Paycheck-to-Paycheck Consumers 
May 07, 2023  |  Connected Economy

Credit card balances are rising as revolving debt surges at double-digit rates. All of which may signal trouble in the paycheck-to-paycheck economy. Revolving credit is,...

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Pay Growth Slows As Workers ‘Come Off the Sidelines’
Pay Growth Slows As Workers ‘Come Off the Sidelines’
May 03, 2023  |  Economy

Private employers went on a hiring spree in April but were less quick to raise wages. That’s according to ADP’s monthly National Employment Report, which...

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Digital Banking Service One Combines Accounts
Digital Banking Service One Combines Accounts
March 17, 2020  |  Banking

One, a new digital banking service in the U.S., is launching with a focus on helping middle class Americans with their finances in a new...

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Survey Shows Fall In US Consumer Sentiment
Survey Shows Fall In US Consumer Sentiment
October 12, 2018  |  Consumer Finance

Indicating that Americans may have a less favorable view of their own finances, the University of Michigan Survey of Consumers fell to a gauge of...

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Credit Card Management App Tally Launches In Several States
Credit Card Management App Tally Launches In Several States
June 21, 2017  |  Mobile Applications

Tally, an app that helps pay and organize credit cards, has officially launched and is now available to half of all U.S. consumers. According to...

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