consumer finance

California Bans Junk Fees, Anticipating Federal Efforts
California Bans Junk Fees, Anticipating Federal Efforts
October 09, 2023  |  Legal

California will ban junk fees beginning July 1, after the state’s governor signed a bill into law on Saturday (Oct. 7).  This move comes in...

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Consumer ‘Inertia’ Boosts Subscription Firms’ Revenues by 200%
Consumer ‘Inertia’ Boosts Subscription Firms’ Revenues by 200%
October 09, 2023  |  Subscription Commerce

Set it and forget it has proven to be a massive top line benefit for subscription companies. A recent study by Stanford economists estimated that...

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Fed’s Credit Data Shows Puts and Takes, but Loading Up on the Cards Continues 
Fed’s Credit Data Shows Puts and Takes, but Loading Up on the Cards Continues 
October 09, 2023  |  Economy

Individuals and households are paying down at least some of their debt — bringing the “headline” consumer credit number down a bit. But the devil’s...

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Report: 75% of Consumers Use Autopay for Bills Like Subscriptions and Streaming
Report: 75% of Consumers Use Autopay for Bills Like Subscriptions and Streaming
October 08, 2023  |  Consumer Finance

Autopay is rising among credit card customers, though it could cost them more over time. Consumer use of autopay nearly doubled between 2015 and 2020...

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Conagra Sees Consumers Shift Away From Ready-to-Eat Toward Cooking
Conagra Sees Consumers Shift Away From Ready-to-Eat Toward Cooking
October 06, 2023  |  Retail

Amid ongoing financial challenges, Conagra Brands is seeing consumers’ desire to save on food spending finally outweigh their demand for convenience, with a shift towards...

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60% of Cash-Strapped Consumers Still Splurge on Nonessentials
60% of Cash-Strapped Consumers Still Splurge on Nonessentials
October 06, 2023  |  Consumer Finance

In today’s consumer-driven society, it is not uncommon for individuals, even those living paycheck to paycheck and struggling to pay bills, to indulge in occasional...

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Student Loan Stocks Drop Ahead of Restart of Payments
Student Loan Stocks Drop Ahead of Restart of Payments
October 05, 2023  |  Consumer Finance

Stocks of companies related to student loans have experienced a drop in value ahead of the restart of student loan payments after a three-year pause...

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Nearly 12% of Americans See Incomes Decrease as Business Slows
Nearly 12% of Americans See Incomes Decrease as Business Slows
October 04, 2023  |  Economy

More and more Americans are seeing income levels drop, a new labor market survey shows. As Bloomberg News reported Wednesday (Oct. 4), a survey by Morning Consult finds that...

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Economists Expect Limited Macro Impact From Student Loan Payment Resumption
Economists Expect Limited Macro Impact From Student Loan Payment Resumption
October 02, 2023  |  Consumer Finance

The resumption of student loan payments will be only “a drop in the bucket” for the broader household sector, according to three Wells Fargo economists. While...

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