Consumer Spending

Rising Card Delinquencies May Push Subprime Consumers to BNPL and Debit Installment Plans

Rising Card Delinquencies May Push Subprime Consumers to BNPL and Debit Installment Plans
Rising Card Delinquencies May Push Subprime Consumers to BNPL and Debit Installment Plans
December 11, 2024  |  Consumer Insights

Last December, PYMNTS Intelligence detailed in its “Credit Card Use Deep Dive” report that about 14% of the more than 3,500 consumers surveyed had subprime...

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Grocery and Shelter Costs Rise in November, Straining Consumer Budgets
Grocery and Shelter Costs Rise in November, Straining Consumer Budgets
December 11, 2024  |  Economy

The key takeaway from the Consumer Price Index (CPI) released Wednesday (Dec. 11) is that the pace of inflation pace quickened in November, as reported...

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Banks Tighten Credit Access as Demand for Limit Increases Rises
Banks Tighten Credit Access as Demand for Limit Increases Rises
December 09, 2024  |  Debt

A dramatic rise in credit card debt over the last several years has pressured paycheck-to-paycheck consumers, with a disproportionate burden on those individuals and households...

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Fed Data: Consumer Revolving Credit Jumps to Nearly 14% Annual Rate
Fed Data: Consumer Revolving Credit Jumps to Nearly 14% Annual Rate
December 08, 2024  |  Consumer Finance

New Federal Reserve data shows American consumers’ credit card debt continuing to climb. Get the Full Story Complete the form to unlock this article and...

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Buy Now or Pay More Later: Consumer Sentiment Drives Spending on Big-Ticket Items
Buy Now or Pay More Later: Consumer Sentiment Drives Spending on Big-Ticket Items
December 06, 2024  |  Economy

Now’s the time to buy — because everything might get more expensive, sooner rather than later. To that end, the latest edition of the University of...

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Walmart’s Gains in Premium Market Shake Up Holiday Sales
Walmart’s Gains in Premium Market Shake Up Holiday Sales
December 06, 2024  |  Retail

Following a strong Black Friday and Cyber Monday, both Walmart and Amazon reported record-breaking sales, with their platforms seeing growth from third-party sellers. Get the...

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Dollar General Tests Same-Day Delivery to Compete With Walmart
Dollar General Tests Same-Day Delivery to Compete With Walmart
December 05, 2024  |  Delivery

Amid ongoing economic pressures, Dollar General is refining its approach to better serve its financially constrained customers, CEO Todd Vasos said Thursday (Dec. 5) during the...

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Sovos Sees 92% Jump in Tax Processing on Black Friday
Sovos Sees 92% Jump in Tax Processing on Black Friday
December 05, 2024  |  Taxes

Sovos says it saw “record-breaking” tax processing performance on Black Friday/Cyber Monday sales. Get the Full Story Complete the form to unlock this article and enjoy...

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