paycheck-to-paycheck

Revolving Credit’s Pace Surges 6.3% in May as Card Spending Continues
Revolving Credit’s Pace Surges 6.3% in May as Card Spending Continues
July 08, 2024  |  Consumer Finance

Consumers were not shy about loading up on the cards in May. The latest data from the Federal Reserve, released Monday (July 8), show that...

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Discover Unveils Overdraft Protection for Debit Card Customers
Discover Unveils Overdraft Protection for Debit Card Customers
July 08, 2024  |  Next-Gen Debit

Discover debuted a new overdraft protection tool for its debit card customers. Balance+ offers fee-free discretionary overdraft coverage for day-to-day debit card transactions, according to...

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Discount Retail Struggles as Paycheck-to-Paycheck Shoppers Cut Back
Discount Retail Struggles as Paycheck-to-Paycheck Shoppers Cut Back
July 08, 2024  |  Retail

Discount retailers are closing shop as financially constrained consumers pull back their spending, with Big Lots the latest to take a hit. The discount chain...

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New Fed Data Indicates Wages Won’t Offset Inflation Anytime Soon
New Fed Data Indicates Wages Won’t Offset Inflation Anytime Soon
July 02, 2024  |  Economy

Since the start of the pandemic, PYMNTS Intelligence has tracked the real impact of inflation, as real wages, adjusted for price increases, have failed to...

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Two-Thirds of Financially Stressed Consumers Revolve Their Credit Card Balances Each Month
Two-Thirds of Financially Stressed Consumers Revolve Their Credit Card Balances Each Month
June 27, 2024  |  Consumer Finance

As consumers look for ways to make ends meet, many of those who do not have a financial safety net are forced to carry their...

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Consumer Spending Revised Lower as Paycheck-to-Paycheck Households Struggle
Consumer Spending Revised Lower as Paycheck-to-Paycheck Households Struggle
June 27, 2024  |  Economy

The third estimate of how gross domestic product (GDP) fared in the first quarter showed — at least in the headline number — there was...

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25% of High-Income Consumers Work Side Hustles
25% of High-Income Consumers Work Side Hustles
June 26, 2024  |  Consumer Insights

Amid news that the U.S. job market is cooling, first-time unemployment claims are up and 64% of Americans now live paycheck to paycheck, comes this...

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Consumers Say They Use Credit to Buy Essentials and Spend More
Consumers Say They Use Credit to Buy Essentials and Spend More
June 24, 2024  |  Credit Cards

Although consumer spending dipped slightly last month, not all spending choices are created equally. While some consumers curtail spending by choice, others do it entirely...

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Share of US Consumers Living Paycheck to Paycheck Hits Two-Year High
Share of US Consumers Living Paycheck to Paycheck Hits Two-Year High
June 24, 2024  |  Retail

Despite a robust economy, a significant portion of American consumers are grappling with financial challenges that affect their shopping habits in profound ways, and to...

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