Consumer Spending

Paycheck-to-Paycheck Consumers Show Strain as Revolving Credit Balances Spike 17.7%
Paycheck-to-Paycheck Consumers Show Strain as Revolving Credit Balances Spike 17.7%
January 08, 2024  |  Consumer Finance

Consumers loaded up on debt even before the holidays and into Black Friday — and those of us living paycheck to paycheck may feel the...

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Consumers’ Total Outstanding Credit Leaps $23.7 Billion in November
Consumers’ Total Outstanding Credit Leaps $23.7 Billion in November
January 08, 2024  |  Consumer Finance

Consumers’ total outstanding credit leapt by $23.7 billion in November after growing by $5.8 billion the previous month. Revolving credit accounted for $19.1 billion of...

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The Right Personalized Offers Double the Chance to Attract New Customers
The Right Personalized Offers Double the Chance to Attract New Customers
January 08, 2024  |  Consumer Insights

The trend of personalized offers and contextualized consumer experiences has emerged as a differentiating competitive factor across industries, from retail to media or travel experiences....

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Making Health Equity a Core Tenet of Business Operations
Making Health Equity a Core Tenet of Business Operations
January 08, 2024  |  Opinion

PYMNTS asked industry executives across the payments and digital commerce landscape to give us their take on the pivotal shifts, technological advancements and strategies that...

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Consumers Temper Their Spending Plans Despite Slowing Inflation
Consumers Temper Their Spending Plans Despite Slowing Inflation
January 08, 2024  |  Economy

Consumers expect the punishing pace of inflation to decline in the months and years ahead. But they’re reigning in their spending plans, too — a...

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Personal Loan Delinquencies Jump in Nov., Presaging Holiday ‘Hangover’
Personal Loan Delinquencies Jump in Nov., Presaging Holiday ‘Hangover’
January 07, 2024  |  Consumer Finance

Americans ended 2023 dealing with increasing financial strain, relying more on personal loans. That’s according to a recent report by VantageScore, which warns that increased...

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1 in 4 Retail Subscribers Use Auto-Refill
1 in 4 Retail Subscribers Use Auto-Refill
January 05, 2024  |  Consumer Insights

With many retail subscribers now relying mainly on auto-refill subscriptions for their shopping, PYMNTS Intelligence reveals, retailers must adapt and embrace this growing trend to...

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Service Sector Inflation Could Test Consumers’ Appetite to Spend in 2024
Service Sector Inflation Could Test Consumers’ Appetite to Spend in 2024
January 05, 2024  |  Economy

Through the last several months, payment networks, banks and buy now, pay later (BNPL) firms have pointed to the resilience of the U.S. consumer. Consumers...

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Adobe: Online Holiday Sales Reached Record $222 Billion in 2023
Adobe: Online Holiday Sales Reached Record $222 Billion in 2023
January 04, 2024  |  Retail

Online sales reached a new record in 2023, thanks in part to buy now, pay later options. New data from Adobe, released Thursday (Jan. 4) showed...

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