credit accessibility

New Report: Who Is the Credit Card Outsider? … And How Do They Get Access?
New Report: Who Is the Credit Card Outsider? … And How Do They Get Access?
July 01, 2024  |  Credit Cards

The ability to access credit is a necessity in today’s economy. However, 16% of U.S. consumers find themselves without a credit card. Lack of credit...

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Varo Bank Debuts Line of Credit as Consumers Remain Pinched
Varo Bank Debuts Line of Credit as Consumers Remain Pinched
March 26, 2024  |  Personal Finance

Varo Bank has introduced two new products aimed at helping Americans alleviate their financial pressures. The online bank on Tuesday (March 26) announced the launch of Varo Line...

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1 in 4 Millennial Shoppers Trades Down When BNPL Is Unavailable
1 in 4 Millennial Shoppers Trades Down When BNPL Is Unavailable
February 06, 2024  |  Buy Now Pay Later

Many buy now, pay later (BNPL) users alter their purchasing when the payment method is not available, with PYMNTS Intelligence research revealing that millennials are...

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Nearly 70% of Gen X Incur Overdraft Fees for Attempting Transactions With Insufficient Funds 
Nearly 70% of Gen X Incur Overdraft Fees for Attempting Transactions With Insufficient Funds 
December 04, 2023  |  Consumer Finance

As the economic and financial imbalances caused by the pandemic persist, access to credit has become vital for covering short-term financial needs, purchasing goods and...

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NerdWallet Launches Secured Credit Card and Credit-Building Features
NerdWallet Launches Secured Credit Card and Credit-Building Features
October 26, 2023  |  Credit Cards

Financial guidance platform NerdWallet has launched its first credit card. The new NerdUp is a secured credit card that is designed to help consumers build and improve...

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Credit-Building Apps Ease Financial Wellness Path for High-Debt Gen Xers
Credit-Building Apps Ease Financial Wellness Path for High-Debt Gen Xers
October 24, 2023  |  Consumer Finance

In an era of increasing price levels and eroding purchasing power, having a high credit score is vital for accessing credit and maintaining financial stability....

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55% of High-Debt Consumers Grapple With Auto Loans as Delinquencies Soar
55% of High-Debt Consumers Grapple With Auto Loans as Delinquencies Soar
October 23, 2023  |  Loans

Access to a car is crucial for many Americans, especially those living in areas with limited public transportation options. However, the historically high prices of...

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Nearly 1 in 5 High-Debt Consumers With Credit Score Issues Have Filed for Bankruptcy
Nearly 1 in 5 High-Debt Consumers With Credit Score Issues Have Filed for Bankruptcy
October 12, 2023  |  Consumer Finance

Consumer credit card debt in the United States has surpassed the $1 trillion mark, leading to heightened concerns about credit insecurity among both consumers and...

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Credit-Building Apps Help Generation X Tackle Mounting Debt Burden
Credit-Building Apps Help Generation X Tackle Mounting Debt Burden
October 08, 2023  |  Personal Finance

Current economic conditions and consumers’ drive to maintain a certain standard of living has led to a pervasive level of private debt across the economy,...

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