credit scores

Petal Secures $200 Million to Expand Credit Card Program

Petal Secures $200 Million to Expand Credit Card Program
Petal Secures $200 Million to Expand Credit Card Program
August 03, 2023  |  Financial Inclusion

Petal is preparing to expand its credit card program after securing a $200 million debt facility. Get the Full Story Complete the form to unlock this...

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Equifax Reports Historically Low Credit Card Delinquencies Amid Strong Q2 Performance
Equifax Reports Historically Low Credit Card Delinquencies Amid Strong Q2 Performance
July 20, 2023  |  Earnings

Equifax released its second quarter earnings report on Wednesday (July 20), announcing a “strong” earnings performance despite mortgage interest rates trending upwards since April.  Get the Full...

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40% of BNPL Users Abandon Carts If That Option Is Missing at Checkout
40% of BNPL Users Abandon Carts If That Option Is Missing at Checkout
June 23, 2023  |  Buy Now Pay Later

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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When Credit Status Is Hurt by Unexpected Life Events, Lack of Credit Knowledge
When Credit Status Is Hurt by Unexpected Life Events, Lack of Credit Knowledge
May 30, 2023  |  Consumer Finance

A confluence of factors is hurting large swaths of U.S. consumers with little to no access to credit, and a widespread lack of knowledge about...

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Alt Credit Models and Platforms Improve Financial Inclusion for Credit Marginalized Consumers
Alt Credit Models and Platforms Improve Financial Inclusion for Credit Marginalized Consumers
April 27, 2023  |  Financial Inclusion

The traditional ways and means of scoring credit risk — and extending credit — are leaving significant swaths of consumers disenfranchised. Get the Full Story...

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CFPB Finds Most BNPL Users Are Not Financially Distressed
CFPB Finds Most BNPL Users Are Not Financially Distressed
March 02, 2023  |  BNPL

BNPL users have relatively few financial safety nets in place should they run into difficulties managing their obligations.   Get the Full Story Complete the form...

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FinTech Platforms Help Paycheck-to-Paycheck Consumers Pay off Debts
FinTech Platforms Help Paycheck-to-Paycheck Consumers Pay off Debts
October 03, 2022  |  Consumer Finance

Charging things to a credit card and paying the balances over time is no longer optimal — perhaps no longer even feasible if you’re paying...

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Fannie Mae Debuts Rent Reporting to Boost Credit Scores
Fannie Mae Debuts Rent Reporting to Boost Credit Scores
September 27, 2022  |  Real Estate

Fannie Mae has rolled out its Multifamily Positive Rent Payment Reporting program to help renters build credit history and improve their scores, a company press...

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Rep. Waters: Hold Equifax, Leadership Accountable for Erroneous Credit Scores
Rep. Waters: Hold Equifax, Leadership Accountable for Erroneous Credit Scores
August 10, 2022  |  Regulation

Rep. Maxine Waters (D-Calif.) has said credit reporting firm Equifax and its leaders should be held accountable for selling erroneous credit scores to lenders, and...

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