Aug 5, 2022 | Financial Literacy, News
Credit Card Debt For Gen Z Consumers Increasing Almost Three Times As Fast As Other Generations Recent data released by credit score company VantageScore found that consumers aged 25 and under (Generation Z) saw their credit card balances increase by 30 percent in the...
Jul 29, 2022 | Financial Literacy, News
Consumer Confidence Slips for Third Straight Month The Conference Board’s consumer confidence index, a survey that tracks consumer buying intentions and attitudes, found that consumer confidence fell for the third month in a row, dropping from 98.4 percent in June to...
Jul 18, 2022 | Financial Literacy, News
Credit Cardholder Confidence Plunged in June to Lowest Level in Four Years According to LendingTree’s Credit Card Confidence Index, a monthly look at the mindset and payment habits of credit card holders in the United States, confidence sharply declined last month to...
Jul 14, 2022 | Financial Literacy, FinTech, News
More Consumers Now Using Buy Now Pay Later for Everyday Expenses Buy Now, Pay Later (BNPL) loans have become popular payment methods for big-ticket items, but consumers have been using them recently for everyday purchases, likely due to increased prices for goods...
Jul 11, 2022 | Financial Literacy, News
New Fed Data Shows Consumer Credit Usage Hit Record High in May According to new data released by the Federal Reserve last week, consumer borrowing rose by $22.3 billion between April and May, pushing total outstanding credit to a record high. Despite reaching a new...
Jul 8, 2022 | Financial Literacy, News
Credit Reporting Companies Introduce First Phase of Changes to Medical Collection Debt on Credit Reports Earlier this month, Equifax, Experian, and TransUnion introduced the first phase of changes to medical debt that was announced earlier in the year. All medical...