Almost 3/4 of Millennials Living Paycheck to Paycheck, Report Finds
Almost 3/4 of Millennials Living Paycheck to Paycheck, Report Finds A new PYMNTS report in collaboration with LendingClub found that 73.2 percent of millennials, nearly three quarters, are living paycheck to paycheck, which is a significantly higher share than other...
FDIC and OCC Take Aim at Certain Overdraft Practices
FDIC and OCC Take Aim at Certain Overdraft Practices Last month, the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corp. (FDIC) warned financial institutions about overdraft practices that they consider unfair or deceptive, saying...
80 Million Consumers Lack Reliable Credit Access, Report Finds
80 Million Consumers Lack Reliable Credit Access, Report Finds A recent PYMNTS report in collaboration with Sezzle entitled “How Credit Insecurity Is Changing U.S. Consumers’ Borrowing Habits” found that 31 percent of U.S. consumers—nearly 80 million individuals—are...
