For buy now, pay later (BNPL) applicants, PYMNTS Intelligence finds, interest rates are a key concern. By the Numbers The 2023 PYMNTS Intelligence report “The...
We may have to wait a bit longer for rate cuts. And for the U.S. consumer, inflation’s a stubborn fact of life — volatile, to...
Volkswagen Group expects its sales revenue growth to slow in 2024. The automaker said in a Friday (March 1) press release that it expects sales...
Online car retailer Carvana is tightening its lending standards in response to higher delinquency rates. The company is requiring higher down payments from customers and...
Consumers are reportedly taking legal action after allegedly being deceived by their banks’ savings offerings. As The Wall Street Journal (WSJ) reported Sunday (Feb. 25),...
According to the U.S. Commerce Department, retail sales dropped in January by a seasonally adjusted 0.8%. Conventional wisdom suggests a post-holiday season decline in sales would...
Regions Financial is shortening the tenors of certificates of deposits (CDs). This is part of an effort by the bank to manage deposit costs in preparation...
The Consumer Financial Protection Bureau (CFPB) aims to boost competition in the credit card industry to deliver lower rates to consumers. The agency announced this...
The questions swirling amid the January sales slump boils down to these: Is it the pause that refreshes — as consumers essentially take a breath,...