PYMNTS-MonitorEdge-May-2024

revolving credit

 ‘High Spenders’ May Seek Credit Card Alternatives as Balances Build 
 ‘High Spenders’ May Seek Credit Card Alternatives as Balances Build 
May 11, 2023  |  Payment Methods

Credit cards have been a lifeline in the current inflation-fueled economy. But for the consumers who have been using their credit cards to cover a...

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Consumers Still Tapping Cards to Spend but Credit Growth Slows
Consumers Still Tapping Cards to Spend but Credit Growth Slows
November 07, 2022  |  Consumer Finance

We may be seeing a tipping point for debt — where gains in personal loan borrowing come at the expense of pricier credit card debt....

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Visa: Buy Now Pay Later and Revolving Credit Co-Exist as Consumers, Merchants Play With New Credit Models
Visa: Buy Now Pay Later and Revolving Credit Co-Exist as Consumers, Merchants Play With New...
October 13, 2021  |  Buy Now Pay Later

When Visa Installments was launched in Australia last week with ANZ bank and Quest Payment Systems, it was seen as a sign that large global...

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Are Millennials Really Over Revolving Credit?
Are Millennials Really Over Revolving Credit?
November 22, 2019  |  Payment Methods

Consumers and their credit providers aren’t always aligned when it comes to best outcomes. For a customer using a revolving credit tool, such as a...

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Max Levchin: What’s Missing From Today’s Financial Literacy Initiatives
Max Levchin: What’s Missing From Today’s Financial Literacy Initiatives
April 29, 2019  |  Alternative Finances

By the numbers, Americans are not a very financially literate people.  According to a Standard & Poor’s Global Financial Literacy survey only about 57 percent...

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Key Takeaways From Fed As Consumer Credit Pace Moderates In June
Key Takeaways From Fed As Consumer Credit Pace Moderates In June
August 08, 2018  |  Consumer Finance

The Federal Reserve released numbers this week that showed an annual percentage rate increase of 3.1 percent as measured in June, a moderated pace from...

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