Finance

August 11, 2017

Consumers Speed up Card Replacement Cycle

Despite the heightened security that comes with EMV chips and tokenization, consumers remain worried about their personal data being exposed in a seemingly nonstop parade of […]
August 10, 2017

Consumer Borrowing Slows in June

Consumer borrowing slowed a bit in June from the torrid growth in the prior month, but continued at a solid pace, according to government data released […]
August 9, 2017

Homeownership Up From 50-Year Low

The U.S. homeownership rate climbed in the second quarter, a signal that the sharp downward spiral that began after the housing crash is finally reversing.  The […]
August 8, 2017

Small-Business Optimism Highest in 10 Years

Small business owners are more optimistic than they have been in a decade, according to a new Wells Fargo and Gallup small business survey.  The survey resulted in a Small […]
August 7, 2017

Consumers Grow Pessimistic About Future

Consumers grew slightly less optimistic in their future this July, however confidence levels remain historically high, according to the Survey of Consumers conducted by the University […]
August 4, 2017

Most Americans Die With Debt

You’re probably going to die with some debt to your name. In fact, 73% of consumers had outstanding debt when they were reported as dead, according […]
August 3, 2017

Senior Home Equity Hits All-Time High

Senior homeowners saw an increase in their home equity in the first quarter of 2017, according to a report from the National Reverse Mortgage Lenders Association […]
August 2, 2017

Subprime Auto Defaults are Soaring

It’s classic subprime: hasty loans, rapid defaults, and, at times, outright fraud.  Only this isn’t the U.S. housing market circa 2007. It’s the U.S. auto industry […]
August 1, 2017

Small Business Borrowing Hits 2 Year High

Borrowing by small U.S. companies hit a nearly two-year high in June, driven by restaurants and hotels, PayNet Inc said on Tuesday, as businesses invested to […]