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consumer finance

FCA Calls For Lenders To Curb ‘Unacceptable’ Fees
FCA Calls For Lenders To Curb ‘Unacceptable’ Fees
March 07, 2019  |  Consumer Finance

The Financial Conduct Authority (FCA), the U.K.’s financial watchdog, has found that some lenders are inflicting their credit card customers with an “unacceptable” number of...

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US Credit Card Balances End Year At $870B Record High
US Credit Card Balances End Year At $870B Record High
March 05, 2019  |  Consumer Finance

Credit card debt in the U.S. reached $870 billion at the end of last year, setting a record. Bloomberg, citing data from the Federal Reserve,...

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Are Mortgages The On-Ramp For Lifelong Financial Management?
Are Mortgages The On-Ramp For Lifelong Financial Management?
February 04, 2019  |  Alternative Finances

Of the scores of innovations and updates to consumer lending seen and written about over the last decade or so, speed is always offered as...

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Payday Loans, Pawnshops And Borrowed Credit Cards: How Many Americans Got By In 2018
Payday Loans, Pawnshops And Borrowed Credit Cards: How Many Americans Got By In 2018
February 04, 2019  |  Consumer Finance

When it comes to managing personal finances, consumers are seemingly taking one step forward and three steps back. For one thing, the portion of consumers...

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Report: Minority Consumers Grapple With Debt
Report: Minority Consumers Grapple With Debt
January 14, 2019  |  Consumer Finance

A new report has found that as debt rates have climbed to pre-recession levels, minority consumers are struggling to reach financial parity. A report from...

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Affirm Joins The High-Yield Savings Account Crowd
Affirm Joins The High-Yield Savings Account Crowd
January 09, 2019  |  Consumer Finance

Affirm, a company founded by entrepreneur Max Levchin to provide fair alternative credit, has launched a new free saving account that offers a 2 percent...

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NEW DATA: Digital Marketplaces And The $1.4T Gig Payments Opportunity
NEW DATA: Digital Marketplaces And The $1.4T Gig Payments Opportunity
January 09, 2019  |  Gig Economy

As 2018 came to a close, unemployment was at historic lows — thanks in part to growth in the gig economy. In Q3 2018, the...

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29 Pct Of Millennials Want To Pay Off Debt In 2019
29 Pct Of Millennials Want To Pay Off Debt In 2019
January 02, 2019  |  Consumer Finance

Nearly all American millennials plan on making a financial resolution in 2019, with some of the biggest goals being to save more money, budget more...

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2018: The Year Of The Confident Consumer
2018: The Year Of The Confident Consumer
December 29, 2018  |  Economy

What a difference a decade makes. Ten years ago, consumer confidence had slipped to an all-time low, and consumer spending followed it down the rabbit...

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