Economic Uncertainty Drives Shifting Consumer Payment Habits: The Rise of...
Key Insights: A combination of rising costs, economic uncertainty, and limited access to traditional credit options is pushing consumers into alternative payment methods like BNPL, while also...
View ArticleBankruptcy Filings Continue to Climb, Rising 13.1%
Bankruptcy filings rose 13.1% during the 12-month period ending March 31, 2025, according to data released by the Administrative Office of the U.S. Courts. Total filings reached 529,080, up from...
View ArticleStudent Loan Default Spike Leads to ‘Grave’ Consequences for Consumers: NY Fed
The Federal Reserve Bank of New York’s Quarterly Report on Household Debt and Credit for Q1 2025 reveals an increase in total household debt, now surpassing $18 trillion. While other debts saw slight...
View ArticleThe $2,000 Difference: Why a Modest Emergency Fund Outperforms Millions in...
A new study from Vanguard finds that having just $2,000 in emergency savings is the single strongest predictor of financial well-being … more so than having $1 million in assets or earning $500,000 a...
View ArticleConsumers Say They Feel Uncertain And Are Now Acting Like It, Too
📉 Economic anxiety is now showing up in consumer behavior, not just sentiment, according to the Consumer Bankers Association’s Q1 2025 Chart Book. Data released last week by the Consumer Bankers...
View ArticleFederal Reserve Report Offers Snapshot of U.S. Household Finances in 2024
The Federal Reserve Board’s Economic Well-Being of U.S. Households in 2024 report paints a picture of relative financial stability—on the surface. But dig deeper and the data reveals a population still...
View ArticleTariffs, Credit Cards, and Student Loans Are Taking a Mental Toll on Americans
Two out of every three Americans say tariff-driven inflation is negatively impacting their mental health, according to a new survey by Debt.com. The findings draw a clear connection between financial...
View ArticleConsumer Outlook Grows More Uncertain; But Younger Generations Stay Optimistic
A growing number of consumers are feeling pessimistic about their financial futures, even as a majority remain optimistic overall. According to TransUnion’s Q2 2025 Consumer Pulse study, 27% of...
View ArticleMiddle-Income Purchasing Power Edges Up, But Mortgage Delinquencies Signal...
Middle-income families saw a modest improvement in spending power last month, according to the latest Primerica Household Budget Index. The index hit 100.1% in May 2025, which is up 0.4% from April and...
View ArticleConsumer Financial Health Declines Amid Inflation and Savings Shortfalls
As the cost of living remains elevated, fewer Americans feel confident in their financial footing — and an alarming number lack sufficient emergency savings, according to new data from both J.D. Power...
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