Few assets are as volatile as automobiles — they depreciate the minute you drive them off the lot. But then again, supply chain snarls have driven used car prices to astronomical levels in recent months. For the drivers themselves, few financing options are as frustrating...
FinTech rental management platform Obligo is partnering with banking giant Wells Fargo to expand its product offerings and will now be the only security deposit alternative utilizing bank-issued letters of credit for landlords and tenants. Landlords and property managers using Obligo get the added protection...
The black swan events seem to be coming fast and furious: COVID-19. War in Europe. Inflation, touching torrid pacing that hasn’t been seen in 40 years. Paychecks are being stretched thinner, and liquidity is drying up. PYMNTS’ own data shows that the paycheck-to-paycheck economy now...
Tried buying a car lately? Oh, that’s right — we’re fresh out of cars since the pandemic. An exaggeration, but not terribly far off the mark. Various media reports place used car prices 40% higher than before COVID-19, with the average new car price hitting...
August 22, 2022
Few assets are as volatile as automobiles — they depreciate the minute you drive them off the lot. But then again, supply chain snarls have driven used car prices to astronomical levels in recent months. For the drivers themselves, few financing options are as frustrating as leasing those vehicles, and then dealing with the headaches of what […]
March 22, 2022
The black swan events seem to be coming fast and furious: COVID-19. War in Europe. Inflation, touching torrid pacing that hasn’t been seen in 40 years. Paychecks are being stretched...
February 11, 2022
Tried buying a car lately? Oh, that’s right — we’re fresh out of cars since the pandemic. An exaggeration, but not terribly far off the mark. Various media reports place...
November 24, 2021
Even before runaway inflation started to dominate headlines, PYMNTS research uncovered that 57% of the U.S. population is living paycheck to paycheck, including 39% of consumers with incomes of $100,000...
March 27, 2024
Qira has added security deposit payment plans to its financial services platform for renters and property managers. With this new offering, property managers can let their renters choose between using a zero-deposit program for a fee, paying the full security deposit as a lump sum or paying it in installments over the term of the […]
June 27, 2022
FinTech rental management platform Obligo is partnering with banking giant Wells Fargo to expand its product offerings and will now be the only security deposit alternative utilizing bank-issued letters of...
February 28, 2021
Retailers increasingly are insisting on short-term leases, CNBC reported. The sector has been hit especially hard by closings stemming from the pandemic and already was reeling from the shift toward...
November 06, 2020
As property executives report their quarterly earnings, some landlords are starting to put the squeeze on retailers that have skipped rent payments as a means to survive pandemic-triggered lockdowns. Although...
