No one likes surprises when it comes to financial planning, but many people can afford to overcome the unexpected payout more than others. For those living paycheck to paycheck, though, an unexpected expense can send their financial picture into upheaval and increase their stress levels...
Keeping billing and payments technologies current is imperative for all businesses, particularly utilities and consumer finance companies, which must address so many of consumers’ daily needs. While these companies have regularly improved and refined their electronic billing and payments systems throughout the years, the pandemic...
A perfect storm of pandemic economic pressures is driving more working Americans to have to make ends meet between paychecks — a situation that isn’t improving much, if at all. New Reality Check: The Paycheck-To-Paycheck Report, a PYMNTS and LendingClub collaboration, The Generational Divide Edition, surveyed...
Even with pandemic-induced job losses on the rebound, the current economic environment has grown more complicated as the health crisis continues. While the United States economy seems to have stabilized, consumers who live paycheck to paycheck still find themselves in precarious financial situations. Inflation, which...
How consumers’ shopping and payment behaviors have evolved coming out of the holiday season offers an early — and often accurate — indication of what’s to come in the months ahead. PYMNTS’ latest research shows that consumers are once again shopping online after returning to...
U.S. FinTech platform Current announced Thursday (Jan. 13) that it has debuted a new high-yield offering called Current Interest. According to the press release, Current Interest will allow anyone with a Current personal account to earn a 4% Annual Percentage Yield (APY) on their money,...
More consumers have a pessimistic outlook about the economy than did in May and, not surprisingly, fewer are optimistic. Reality Check: The Paycheck-To-Paycheck Report, a PYMNTS and LendingClub collaboration, found that 40% of consumers now have a negative view, while only 34% are optimistic. In...
United States consumers spent a collective $556 billion on groceries, food, retail and travel in December 2021 as they rushed to take advantage of last-minute holiday deals. This is an undeniably impressive statistic, but the real story of the season is how these consumers made...
The early months of the pandemic saw businesses close their doors, putting millions of people out of work. At the same time, there was a bit of economic good news, at least for people with low to middling credit histories: Their scores went up. The...
