Source: lendingclub.com
Rising prices continue to affect consumers’ purchasing power, making it more difficult for those in all income levels to live within their means, put aside...
Consumers whose annual incomes exceed $100,000 are hardly skating through current economic conditions. In fact, data shows that as of December, 16% of high-income consumers...
The artificial intelligence (AI) revolution has been more of an evolution. “AI is the latest buzzword for something that’s been building for at least a...
If missed bill payments indicate consumers’ lacking economic security, we may be in for a bumpy ride. Last week’s news about January’s consumer spending sharply up from the previous...
The payments industry must be more consumer-centric in the face of an uncertain economy, LendingClub Financial Health Officer Anuj Nayar writes in the new PYMNTS...
For less than prime borrowers, personal loans are harder to come by. Recent earnings results from platform lenders show that demand for personals loans is...
The ultimate aim for any FI is to become the home of the consumer’s primary account. That’s true of any provider — whether brick-and-mortar or...
More of us are living paycheck to paycheck — straining to make ends meet — than at any point since the pandemic. “I was shocked...
If consumer perception represents economic reality, the newest signs suggest this contraction may be relatively short-lived. Recent headlines about disappointing earnings reports and massive layoffs...