52% of Gen Z Borrow Money to Make Ends Meet
52% of Gen Z Borrow Money to Make Ends Meet A recent collaboration between PYMNTS and LendingClub, entitled “New Reality Check: The Paycheck-to-Paycheck Report — The Household Finances Deep Dive Edition,” found that members of Gen Z are the most likely to have...
Supreme Court Schedules Arguments in CFPB Constitutionality Case for October
Supreme Court Schedules Arguments in CFPB Constitutionality Case for October The Supreme Court recently announced its October argument calendar—the first month of the court’s next annual term—which includes the case involving the constitutionality of the Consumer... Consumer Borrowing Slows to More than Two-Year Low
Consumer Borrowing Slows to More than Two-Year Low Recent Federal Reserve data showed that in May, U.S. consumer borrowing slowed to a more than two-year low, which is the first decline in non-revolving credit since the beginning of the pandemic. Total credit rose...
