Consumer Finance

Consumer financing is when a business offers financing to their customers with help from a professional finance company. This allows the consumer to pay for a good or service they couldn't pay for up front in cash or credit card. Consumer finance is helpful for both businesses and consumers
Consumer Finance
Report: U.S. Consumers Take Mobile Payments With Them as They Get Back to Restaurants and...
March 17, 2022

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Consumer Finance
Why ‘Paycheck to Paycheck’ Doesn’t Always Mean ‘Broke’
March 14, 2022

When you read the term “paycheck to paycheck,” it can be easy to picture someone white-knuckling it between the first and third Fridays of each month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Consumer Finance
Nearly Half of Consumers Earning $100,000 a Year Live Paycheck to Paycheck
March 09, 2022

Nearly half of consumers earning more than $100,000 in annual income currently live paycheck to paycheck, according to New Reality Check: The Paycheck-To-Paycheck Report, a PYMNTS and LendingClub collaboration based on a survey of 2,633 U.S. consumers. Get the Full Story Complete the form to...

Consumer Finance
Nearly Half of High-Income Earners Now Live Paycheck to Paycheck
March 03, 2022

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Consumer Finance
24% of Consumers Don’t Trust Digital Account Opening Tech
February 22, 2022

Fifty-nine percent of consumers have opened new financial accounts in the past year, according to Account Opening And Loan Servicing In The Digital Environment, a PYMNTS collaboration with Finicity, a Mastercard company. Get the Full Story Complete the form to unlock this article and enjoy...

Consumer Finance
70% of Millennials Live Paycheck to Paycheck
February 16, 2022

Consumers who are currently living paycheck to paycheck hail from all generations and all income brackets, according to New Reality Check: The Paycheck-To-Paycheck Report, a PYMNTS and LendingClub collaboration that is part of a monthly series based on surveys of more than 36,000 U.S. consumers....

Consumer Finance
Ranks of Paycheck-to-Paycheck Consumers Expected to Swell in 2022
February 15, 2022

The data is sobering. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing...

Consumer Finance
42% of Consumers Want FIs to Offer Automatic Data Transfer When They Open New Accounts
February 15, 2022

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Consumer Finance
Paycheck-to-Paycheck Report: Gen Z Consumers Would Struggle Most to Pay $400 Emergency Expense
February 14, 2022

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...