credit

30% of Consumers Struggle to Access Credit Products
30% of Consumers Struggle to Access Credit Products
December 28, 2023  |  Loans

About 30% of consumers have low credit scores — 650 or less — that have denied them access to credit products. These consumers and others...

READ MORE >
Younger Consumers Less Likely to Use Credit Cards
Younger Consumers Less Likely to Use Credit Cards
December 28, 2023  |  Credit Cards

The younger the consumer, the less likely they are to use credit cards. Only 42% of Generation Z consumers and 62% of millennials said they...

READ MORE >
Business Credit Card Use Hits Year High as SMBs Manage Cash Flow
Business Credit Card Use Hits Year High as SMBs Manage Cash Flow
December 28, 2023  |  SMBs

Managing cash flow is an essential aspect of running a small- to medium-sized business, and business credit cards can be a valuable tool. In October,...

READ MORE >
Smart Credit Card Use Turns Debt Burdens Into Financial Flywheels
Smart Credit Card Use Turns Debt Burdens Into Financial Flywheels
December 28, 2023  |  Consumer Finance

The holidays can be a stressful time financially for many consumers. Often, those consumers — particularly those living paycheck to paycheck — turn to their...

READ MORE >
Nearly 40% of High-Income Consumers Use Pay Later Plans
Nearly 40% of High-Income Consumers Use Pay Later Plans
December 27, 2023  |  Consumer Finance

In recent years, split-pay options have gained popularity among consumers of all demographic groups looking for greater flexibility in managing their expenses. But it’s not...

READ MORE >
Nearly 1 in 3 Hospitality SMBs Rely on National Banks for Credit
Nearly 1 in 3 Hospitality SMBs Rely on National Banks for Credit
December 27, 2023  |  SMBs

Main Street small and medium-sized businesses (SMBs), which faced challenges during the pandemic and managed to stay afloat, are aiming to stabilize their finances in...

READ MORE >
Year in Review: Social Media eCommerce Has Not Yet Caught On
Year in Review: Social Media eCommerce Has Not Yet Caught On
December 22, 2023  |  eCommerce

Social platforms such as TikTok, Facebook and Instagram have made it quicker and easier for consumers worldwide to share their shopping stories and start retail...

READ MORE >
Transportation Department Investigates Airlines’ Rewards Programs
Transportation Department Investigates Airlines’ Rewards Programs
December 21, 2023  |  Loyalty & Rewards

The U.S. Department of Transportation is reportedly closely examining the frequent flyer programs of major U.S. airlines, aiming to identify potential deceptive or unfair practices...

READ MORE >
Card Interchange Fee Debate Confuses Costs With Who Pays Them
Card Interchange Fee Debate Confuses Costs With Who Pays Them
December 21, 2023  |  Credit Cards

Card interchange fees have fierce defenders and heated detractors. Turn on the financial news, and commentary might touch on whether cards are “free” — and...

READ MORE >