personal finances

Consumers Use Credit to Plug Widening Gap Between Income and Spending

Consumers Use Credit to Plug Widening Gap Between Income and Spending
Consumers Use Credit to Plug Widening Gap Between Income and Spending
January 31, 2025  |  Consumer Finance

Only a few weeks into the current earnings season, and top-line momentum and commentary from firms, including banks and the payment networks, have all pointed...

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Consumers Keep Spending in Q4, But Savings Take a Hit
Consumers Keep Spending in Q4, But Savings Take a Hit
January 30, 2025  |  Consumer Insights

The latest data on fourth quarter gross domestic product indicates a general “headline number” slowdown. Get the Full Story Complete the form to unlock this...

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Equifax to Settle CFPB Allegations of Inaccurate Credit Reports
Equifax to Settle CFPB Allegations of Inaccurate Credit Reports
January 17, 2025  |  Regulation

Equifax has agreed to a settlement and consent order that will resolve Consumer Financial Protection Bureau (CFPB) allegations that the consumer reporting agency failed to...

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CFPB: Credit Reporting Companies Must Disclose Source of Consumer Data
CFPB: Credit Reporting Companies Must Disclose Source of Consumer Data
January 16, 2025  |  Regulation

The Consumer Financial Protection Bureau (CFPB) filed an amicus brief Thursday (Jan. 16), saying it aims to ensure that credit reporting companies are held accountable for “junk...

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CFPB Data Confirms BNPL’s Positive Impact on Credit-Constrained Consumers
CFPB Data Confirms BNPL’s Positive Impact on Credit-Constrained Consumers
January 14, 2025  |  BNPL

The appeal of stretching out one’s cash flow — making payments over time rather than all at once, and pressuring bank accounts or boosting interest-bearing...

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Revolut Recruiting Leaders for New Private Banking Department
Revolut Recruiting Leaders for New Private Banking Department
January 14, 2025  |  Personnel

Revolut is reportedly looking to expand its offerings into private banking, focusing on individuals with over $1 million in liquid assets. Get the Full Story Complete...

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SoFi Adds Credit Cards Focused on Rewards and Credit Scores
SoFi Adds Credit Cards Focused on Rewards and Credit Scores
October 09, 2024  |  Credit Cards

SoFi Technologies has added two new credit cards to its one-stop shop for digital financial services. Get the Full Story Complete the form to unlock...

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Yonder Raises $31 Million to Expand Credit Card Outside UK
Yonder Raises $31 Million to Expand Credit Card Outside UK
September 19, 2024  |  Investments

Yonder has raised 23.4 million pounds (about $31.1 million) to expand its credit card designed to help cardholders build good credit habits while earning rewards....

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DailyPay Unveils Financial Wellness Tool for Credit Monitoring
DailyPay Unveils Financial Wellness Tool for Credit Monitoring
September 16, 2024  |  Personal Finance

DailyPay has debuted “Credit Health,” a tool to help users monitor their financial wellness. Get the Full Story Complete the form to unlock this article...

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