Gamification Helps Customers Manage Debt
Only 17% of U.S. consumers carry no debt, according to the study “The Credit Accessibility Series: Economic Malaise Exacerbating U.S. Consumer Debt Levels.”
Source: pymnts.com
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1 in 10 BNPL for Emergencies Users Say No Effect on Credit
Ten percent of consumers who paid for an emergency with BNPL reported the expense ultimately had no negative impact on credit access, per PYMNTS Intelligence.
Source: pymnts.com
Gamification Helps Customers Manage Debt
Most consumers are dealing with some level of debt. Only 17% of U.S. consumers carry no debt, according to “The Credit Accessibility Series: Economic Malaise…
Source: biztoc.com
Credit-Marginalized Consumers Turn to High-Interest Credit
Eight in 10 consumers who have been rejected for a credit product in the last year faced an unexpected expense, and many turned to high-interest credit to cover it.
Source: pymnts.com
BNPL Holiday 'Hangover' Worries May Be Tempest in Teapot
While some reports predict holiday buy now, pay later (BNPL) use will lead to a debt hangover, PYMNTS Intelligence suggests such fears may be overblown.
Source: pymnts.com