Subprime Consumers news and trends

Merchants Turn Fresh Eyes to Second-Look Financing to Boost Sales
Retail // September 19, 2023

Labor Day has come and gone, and the holiday season is just around the corner. But current economic and financial conditions are forcing consumers to face some tough choices about buying what they want, while having the means to fund it. That’s why PYMNTS CEO...

Financial Education Can Help Subprime Consumers Triple Borrowing Capacity
Personal Finance // August 31, 2023

In a credit-based economy like the United States, credit scores have a big impact on consumers’ ability to access loans and afford everyday essentials. But as noted in the report “The Credit Accessibility Series: The Credit Insecure Need More Education,” a PYMNTS and Sezzle collaboration,...

Interviews & Exclusives
Safeguarding Personal Information Key to Banking Subprime Consumers

January 12, 2024
As technological advancements continue to revolutionize the financial industry, data privacy and security continues to take center stage, shaping consumer preferences and challenging financial institutions (FIs) to deepen their commitment to ensuring the confidentiality and protection of personal and financial data. In the “Credit Union Membership and Credit Profiles” report, PYMNTS drew on insights gathered […]

Merchants Turn Fresh Eyes to Second-Look Financing to Boost Sales

September 19, 2023
Labor Day has come and gone, and the holiday season is just around the corner. But current economic and financial conditions are forcing consumers to face some tough choices about...

Financial Education Can Help Subprime Consumers Triple Borrowing Capacity

August 31, 2023
In a credit-based economy like the United States, credit scores have a big impact on consumers’ ability to access loans and afford everyday essentials. But as noted in the report...