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
40% of Consumers Have a Negative View of the Economy
Consumer Finance
40% of Consumers Have a Negative View of the Economy
January 07, 2022

More consumers have a pessimistic outlook about the economy than did in May and, not surprisingly, fewer are optimistic. 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...

One-Third of US Shoppers Made Online Retail Purchases in December
Consumer Finance
One-Third of US Shoppers Made Online Retail Purchases in December
January 03, 2022

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Why Some People’s Credit Scores Spiked During COVID
Consumer Finance
Why Some People’s Credit Scores Spiked During COVID
December 16, 2021

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...

With Inflation on the Rise, Paycheck-to-Paycheck Consumers See Loans as Financial Lifeline
Consumer Finance
With Inflation on the Rise, Paycheck-to-Paycheck Consumers See Loans as Financial Lifeline
December 08, 2021

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How Consumers Pay for the Half-Trillion Dollars They Spend Every Month
Consumer Finance
How Consumers Pay for the Half-Trillion Dollars They Spend Every Month
December 06, 2021

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US Consumers’ Savings Dip from Pandemic-Era Highs
Consumer Finance
US Consumers’ Savings Dip from Pandemic-Era Highs
November 23, 2021

Headlines show the employment picture is brightening a bit, economies are reopening … and perhaps, just perhaps, U.S. households are feeling more sanguine about their own financial footing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Report: End of Pandemic Could Kick-Off Spending Spree For Paycheck-to-Paycheck Consumers
Consumer Finance
Report: End of Pandemic Could Kick-Off Spending Spree For Paycheck-to-Paycheck Consumers
November 01, 2021

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Sable Simplifies Credit and Banking Services for US-Based Global Citizens
Consumer Finance
Sable Simplifies Credit and Banking Services for US-Based Global Citizens
October 19, 2021

Globalization has created global citizens – people crossing borders and settling in new countries for school or work, or simply choosing to call a new place home. For individuals moving to the U.S., that flexibility comes with huge challenges when it involves simple tasks such...

Pagaya Teams With SoFi to Simplify Credit Access
Consumer Finance
Pagaya Teams With SoFi to Simplify Credit Access
October 18, 2021

FinTech company Pagaya Technologies Ltd. has collaborated with digital personal finance company SoFi, according to a Monday (Oct. 18) press release. The joint effort will enable SoFi to expand members’ access to its financial products via Pagaya’s artificial intelligence (AI), technology and infrastructure, the announcement...