The United States is grappling with record-high consumer credit card debt of over $1 trillion, raising concerns about credit insecurity for both consumers and providers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Current economic and financial conditions force consumers to tap overdrafts across income levels and credit personas. One in 5 consumers experienced overdrafts or declined transactions in the last year due to insufficient funds in their bank account. Nearly half of credit marginalized consumers experienced these...
Earnings statistics suggest that consumers are not quite feeling comfortable about freely spending again — at least for retailers of nonessential goods. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
There’s a clear preference for credit card installment plan versus buy now, pay later (BNPL) preferences by baby boomers and seniors. Of these surveyed consumers, 20% had used credit card installment plans heavily: five times or more over the three months previous to being surveyed,...
We’re spending money as fast as we can make it — and even faster, it seems. 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...
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As restaurant prices continue to rise, even the most enthusiastic diners are beginning to pull back on eating out and ordering in, PYMNTS research reveals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Consumers making between $50,000 and $100,000 may be caught in a middle-income “crunch” these days as inflation’s growth slows while still trending upwards, and real wages stagnate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Americans credit card payment delinquencies are starting to pile up. 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...
