Source: lendingclub.com
This next installment of PYMNTS’ miniseries based around consumer spending patterns focuses on the luxury retail sector. One would think that as consumers pull back...
Instant disbursements adoption set new records in 2022 — except in lending, where two-thirds of FinTech FI customers would eagerly pay extra for instant disbursements....
As inflation rises and recession looms, consumers are anxious about their finances. With 48% of consumers less likely to take out a loan since interest...
The side hustle has never been more germane to the U.S. consumer, as large numbers of employed people have taken on extra work in the...
Americans have a way of overcoming financial adversity, and this is borne out by the rising number of employed consumers taking on side hustles to...
Automakers are under increased pressure to discount their cars as higher borrowing costs make consumers nervous. As The Financial Times reported Sunday (April 2), data...
The steady share of consumers living paycheck to paycheck despite continued economic headwinds is a testament to their fortitude. Month after month, headlines reaffirm what...
Tips and informal, ad hoc work are the mainstays of the gig economy. PYMNTS’ latest report on paycheck-to-paycheck consumers, done in collaboration with LendingClub, found that,...
Another Fed meeting, another interest rate hike … and more trouble ahead for paycheck-to-paycheck consumers and small to midsize businesses (SMBs). The central bank boosted...