Dec 2, 2022 | Financial Literacy, News
More Than Half of Adults Have Delayed a Major Financial Milestone Due to State of Economy A recent Bankrate.com survey found that 53 percent of American adults have delayed a major financial milestone because of the state of the economy, including milestones like...
Nov 7, 2022 | Financial Literacy, News
U.S. Personal Savings Rates Drop to Lowest Point Since Great Recession The U.S. personal saving rate, or what percentage of a consumer’s disposable income is left over after they pay taxes and spend money, reached its lowest level since the Great Depression when it...
Oct 26, 2022 | Federal Regulation, Financial Literacy, News
CFPB Report Details Impacts of Overdraft Fees on Economically Insecure Older Adults The Consumer Financial Protection Bureau recently released a report highlighting how overdraft fees affect economically insecure older adults. Most financial institutions charge an...
Oct 7, 2022 | Financial Literacy, News
LendingClub CEO: Paycheck-to-Paycheck Living is Akin to the Climate Crisis PYMNTS recently partnered with LendingClub to produce the “New Reality Check: the Paycheck-to-Paycheck Report,” which tracks how Americans are affording the cost of living. LendingClub CEO...
Oct 3, 2022 | Financial Literacy, News
Report Finds that More Americans Carry Credit Card Debt for Longer Periods of Time A recent survey conducted by YouGov for CreditCards.com reports a 10 point rise from last year in the number of people who have been in credit card debt for 12 months or more. According...
Sep 23, 2022 | Financial Literacy, News
Morning Consult Study Finds 3/5 of Student Loan Borrowers Won’t Be Able to Afford Repayments When Moratorium Ends in January A recent Morning Consult survey found that with the federal student loan payment moratorium ending next year, a majority of borrowers do...
