Dec 27, 2023 | Financial Literacy, News
New Report Finds 19% of Consumers Use BNPL to Bypass Hard Credit Checks “Buy now, pay later” (BNPL) products break down payments into more affordable installments, giving consumers more control over the timing of their expenses. A recent PYMNTS Intelligence report...
Dec 21, 2023 | Financial Literacy, News
Gen X Consumers Hold More Debt than Other Generations A recent research collaboration by PYMNTS Intelligence and Sezzle entitled “The Credit Accessibility Series: Economic Malaise Exacerbating U.S. Consumer Debt Levels” found that Generation X (ages 41-56) has more...
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...
