consumer finance

Inflation Increased Credit Card Spending for More Than Half of High-Spending Consumers
Inflation Increased Credit Card Spending for More Than Half of High-Spending Consumers
August 29, 2023  |  Personal Finance

Nearly 200 million in the United States hold at least one bank-issued credit card — a financial tool which has come in handy as inflation...

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Paycheck-to-Paycheck Pressures Remain as Fed Signals Higher Rates, Consumer Sentiment Slips
Paycheck-to-Paycheck Pressures Remain as Fed Signals Higher Rates, Consumer Sentiment Slips
August 25, 2023  |  Personal Finance

Higher rates. A bit more muted consumer sentiment. The paycheck-to-paycheck pressures continue. On Friday (Aug. 25), the final reading of the University of Michigan’s survey on consumer...

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Widening Embrace of BNPL Underpins Resilience in Discretionary Spending 
Widening Embrace of BNPL Underpins Resilience in Discretionary Spending 
August 25, 2023  |  BNPL

The ability to pay over time is underpinning discretionary spending resilience. In recent weeks and months, joint research between PYMNTS and Sezzle has underscored the embrace of...

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Most US Consumers Don’t Know How to Improve Their Credit Score
Most US Consumers Don’t Know How to Improve Their Credit Score
August 25, 2023  |  Personal Finance

In today’s U.S. financial landscape, having a good three-digit credit score can be a critical factor in determining not only whether you are approved or...

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High-Income Urban Consumers 25% More Likely to Live Paycheck-to-Paycheck Than Suburban Counterparts
High-Income Urban Consumers 25% More Likely to Live Paycheck-to-Paycheck Than Suburban Counterparts
August 24, 2023  |  Personal Finance

The ongoing cost-of-living crisis continues to affect consumers across the United States, and having higher incomes does not necessarily shield one from feeling the financial...

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Ongoing Restaurant Inflation Has Even Super Fans Cutting Back
Ongoing Restaurant Inflation Has Even Super Fans Cutting Back
August 23, 2023  |  Consumer Finance

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....

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Middle-Class Crunch Leads to Consumer Cutbacks and Merchant Trade Downs 
Middle-Class Crunch Leads to Consumer Cutbacks and Merchant Trade Downs 
August 23, 2023  |  Consumer Finance

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....

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Buy Now, Pay Smarter: How Digital Solutions Reshape Credit Behavior 
Buy Now, Pay Smarter: How Digital Solutions Reshape Credit Behavior 
August 19, 2023  |  Consumer Finance

Americans credit card payment delinquencies are starting to pile up.   Per the latest Federal Reserve report, credit card balances rose past $1 trillion for the...

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30% of Consumers Swap Instant for Slower Payments to Avoid Fees
30% of Consumers Swap Instant for Slower Payments to Avoid Fees
August 19, 2023  |  Faster Payments

Buoyed by growing consumer preference for faster payments, instant disbursements have gained popularity in recent years. The recent launch of the FedNow instant payments system...

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