Jan 11, 2024 | Financial Literacy, News
33% of Consumers Saw Credit Scores Decline After Unexpected Expense A recent report by PYMNTS Intelligence and Sezzle entitled “Credit Card Use During Economic Turbulence” found that roughly 60 percent of all consumers had an unexpected expense in the last year,...
Jan 9, 2024 | Congressional Legislation, News
Rep. Blaine Luetkemeyer, Influential Voice on House Financial Services Committee, Announces Retirement from Congress Rep. Blaine Luetkemeyer (R-Mo.), a senior member of the House Financial Services Committee, announced last week that he will retire at the end of the...
Jan 3, 2024 | Financial Literacy, News
Nearly 2/3 of Americans Do Not Expect Personal Financial Situation to Improve in 2024 A new Bankrate survey found that 63 percent of Americans do not expect their personal financial situation to improve in 2024. More than a quarter (26 percent) believe their financial...
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...
Dec 19, 2023 | Congressional Legislation, Federal Regulation, News
Sens. Brown, Warnock, and Fetterman Send Letter to CFPB on Holiday BNPL Spending This week, U.S. Senators Sherrod Brown (D-Ohio), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, joined by Sens. Raphael Warnock (D-Ga.) and John Fetterman...
