paycheck-to-paycheck

Credit Card Charge-Offs Creep Up in March
Credit Card Charge-Offs Creep Up in March
April 30, 2023  |  Credit Cards

Credit card charge-offs reportedly crept up in March as consumers struggle to pay bills. On paper, the overall average rate of credit card delinquencies and...

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Millennials With Debt and Dependents Most Likely to Feel the Financial Crunch
Millennials With Debt and Dependents Most Likely to Feel the Financial Crunch
April 28, 2023  |  Consumer Finance

PYMNTS’ research finds that 60% of United States consumers live paycheck to paycheck as of March 2023. Our data also reveals significant generational differences in...

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Big Banks’ Consumer Loan Write-Offs Jump 73% in Q1
Big Banks’ Consumer Loan Write-Offs Jump 73% in Q1
April 18, 2023  |  Banking

America’s biggest banks are downplaying a massive spike in write-offs of bad consumer loans. As Bloomberg News reported Tuesday (April 18), the four largest banks...

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42% of Consumers Trade Other Luxuries for Travel
42% of Consumers Trade Other Luxuries for Travel
April 17, 2023  |  Consumer Insights

This installment of PYMNTS’ miniseries based around consumer spending patterns focuses on the travel sector. Getting away from it all has been one of the...

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One-Third of Consumers Don’t Plan to Cut Luxury Retail Spend
One-Third of Consumers Don’t Plan to Cut Luxury Retail Spend
April 17, 2023  |  Consumer Insights

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...

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Automakers Hike Discounts as Interest Rates Chase Buyers Away
Automakers Hike Discounts as Interest Rates Chase Buyers Away
April 02, 2023  |  Consumer Insights

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...

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60% of Consumers Think Retirement is Out of Reach
60% of Consumers Think Retirement is Out of Reach
March 30, 2023  |  Consumer Finance

Advice on planning for the financial future may be of use to more than just younger generations. As some baby boomers and others getting ready...

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Paycheck-to-Paycheck Population May Surge as SNAP Benefits End and Student Loans Payments Resume
Paycheck-to-Paycheck Population May Surge as SNAP Benefits End and Student Loans Payments Resume
March 28, 2023  |  Connected Economy

Depending on the month, the roster of those of us living paycheck to paycheck is up a bit or down a bit. But through the...

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Rise in Consumer Side Hustles Boosts Demand for Prepared Meals
Rise in Consumer Side Hustles Boosts Demand for Prepared Meals
March 27, 2023  |  Retail

With consumers working more jobs to make ends meet, many are seeking quick meals. The Context As rising economic pressures force many consumers to take...

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