In an effort to keep credit flowing amid uncertain economic conditions, FICO has unveiled its FICO Resilience Index. The tool is meant to complement the FICO Score and allow lenders to take into account an individual’s resiliency as they arrive at credit decisions, according to an...
Microsoft’s newest frontier may just be your household budgeting process. 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...
The Internal Revenue Service (IRS) wants to make sure you don’t throw out your prepaid $1,200 government stimulus debit card. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The CEO of SoFi, the digital personal finance company based in San Francisco, said its investor accounts have doubled this year, mostly due to fractional shares. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
European consumers are stockpiling savings as a way to be prudent during the pandemic, but that isn’t having a positive effect on the country’s lagging economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
New research from the JPMorgan Institute shows that Chase cardholders are spending less amid the coronavirus pandemic, with a 40 percent drop during the second through the fourth week of March compared to the same period in 2019. In addition, the average weekly per household...
Long before the advent of the COVID-19 epidemic and the litany of financial and economic disruptions brought in its wake, the student loan situation in the United States was already approaching a crisis point. While the amount of money owed on student loans did manage...
Nearly 50 million credit card customers in the U.S. said they have had their credit limit slashed or their card closed in the past month as lenders move to minimize their risk amid the COVID-19 shutdown, a new study revealed. Get the Full Story Complete...
New York and California governors are concerned about careless federal supervision of the financial sector and are advocating for increased state regulatory power, The Wall Street Journal reported on Monday (March 16). Get the Full Story Complete the form to unlock this article and enjoy...
