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...
Apr 19, 2023 | Financial Literacy, News
Fed Survey: Consumers’ Access to Credit Was at Toughest Level in Nearly a Decade Last Month Earlier this month, the Federal Reserve Bank of New York’s Center for Microeconomic Data released the Survey of Consumer Expectations for March 2023. The survey found...
Apr 14, 2023 | Financial Literacy, News
More Than Half of Workforce Likely to Look for New Job Within the Next Year A new report from Bankrate found that 56 percent of U.S. adults who are employed or seeking a new job are likely going to look for a new job over the next year, which is up from 51 percent who...
Apr 7, 2023 | Financial Literacy, News
New Study Finds Most Savers Earning Below 3% Despite Better Options A new Bankrate report found that only 22 percent of savers are earning at least 3 percent or more on their accounts, while 75 percent of online accounts offer an annual percentage yield (APY) higher...