May 24, 2023 | Financial Literacy, News
US Credit Card Debt Declined at Slower Pace than Usual in Q1 2023 Recent data released by TransUnion shows that U.S. credit card debt declined at a slower pace than it usually does during the first quarter of each year. Since 2013, the average drop in credit card...
May 22, 2023 | Financial Literacy, News
Report Finds Majority of U.S. Adults Say Money Has A Negative Impact on their Mental Health A Bankrate report released earlier this month found that money has a negative impact on the mental health of 52 percent of U.S. adults, up from 42 percent in 2022. This group...
May 12, 2023 | Financial Literacy, News
More than Half of Americans Could Not Cover a Surprise $400 Expense, New Survey Finds A recent poll conducted by Morning Consult for Bloomberg News found that most Americans would not be able to cover a surprise $400 expense without going into debt. Roughly one-third...
May 8, 2023 | Financial Literacy, News
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...
May 3, 2023 | Financial Literacy, News
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...
Apr 28, 2023 | Financial Literacy, News
Morning Consult Report Finds Consumers Are Worse Off Financially Now Than Last Year Morning Consult’s State of Consumer Banking and Payments report found that consumers are worse off financially than they were last year, amidst evolving economic conditions, increased...