financial distress

Business Bankruptcies Rise 17% in August Due to Interest Rates
Business Bankruptcies Rise 17% in August Due to Interest Rates
September 05, 2023  |  Economy

Business bankruptcies reportedly experienced a sharp increase in August, with more companies seeking court protection from their creditors. This rise can be attributed to rising...

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7 in 10 Urban Consumers Live Paycheck to Paycheck
7 in 10 Urban Consumers Live Paycheck to Paycheck
May 24, 2023  |  Consumer Finance

Life continues to be more expensive for everyone. Data shows that United States consumers in urban centers, in particular, are feeling the financial crunch. PYMNTS’...

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Millennials With Debt and Dependents Most Likely to Feel the Financial Crunch
Millennials With Debt and Dependents Most Likely to Feel the Financial Crunch
April 28, 2023  |  Consumer Finance

PYMNTS’ research finds that 60% of United States consumers live paycheck to paycheck as of March 2023. Our data also reveals significant generational differences in...

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NEW DATA: Two-Thirds of Paycheck-to-Paycheck Consumers Faced Financial Disruption in Last 36 Months
NEW DATA: Two-Thirds of Paycheck-to-Paycheck Consumers Faced Financial Disruption in Last 36 Months
June 27, 2022  |  Consumer Finance

Consumers hailing from all income brackets are feeling mounting pressure from rising inflation and economic uncertainty. PYMNTS’ research finds that 58% of United States consumers...

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Number of U.K. Firms In Significant Financial Distress Jumps
Number of U.K. Firms In Significant Financial Distress Jumps
August 03, 2017  |  B2B Payments

New data from insolvency firm Begbies Traynor may set off alarm bells: The number of U.K. businesses considered to be in “significant” financial distress has...

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