Nov 22, 2023 | Financial Literacy, News
American Households Increase Total Debt by $78 Billion in Q3 A new report released by WalletHub found that American households increased their total debt by $78 billion during the third quarter of this year. The average amount of total debt U.S. households owed was...
Nov 16, 2023 | Financial Literacy, News
Americans Now Owe $1.08 Trillion in Credit Card Debt, New York Fed Says A recent report on household debt issued by the Federal Reserve Bank of New York found that Americans now owe $1.08 trillion in credit card debt. Credit card balances jumped by $154 billion since...
Nov 14, 2023 | Financial Literacy, News
Nearly 7 in 10 Adults in U.S. Say They Have Experienced Financial Trauma, Experian Survey Finds New research released last month from Experian found that 68 percent of U.S. adults feel that they have suffered from, or are presently suffering from, financial trauma....
Oct 23, 2023 | Financial Literacy, News
40 Percent of Millennials Use Installment Plans to Improve Credit Scores A recent PYMNTS Intelligence study found that 60 percent of U.S. consumers used installment plans to purchase products in the last year, many of whom do so with the goal of improving their credit...
Oct 19, 2023 | Financial Literacy, News
High Debt Consumers Average 14 Late Payments Per Year A recent collaboration from PYMNTS Intelligence and Sezzle titled “The Credit Accessibility Series: Economic Malaise Exacerbating U.S. Consumer Debt Levels” found that roughly one-third of consumers struggle to...
Oct 17, 2023 | Financial Literacy, News
Report Finds 60% of Consumers Across All Income Levels Living Paycheck-to-Paycheck A recent report from PYMNTS and LendingClub found that almost 60 percent of U.S. consumers across all income levels reported living paycheck-to-paycheck in August, a slight decrease...
