Subprime Consumers Keep Paying Cards Despite Budget Pressure

T2Covered by 1 source · first reported by PYMNTS at 26 Oct, 15:51 UTC

Subprime consumers continue paying their credit cards even as many struggle to cover everyday bills. PYMNTS Intelligence’s May report, “Who Is the Subprime Consumer? A Behavioral Profile,” found that 55% of subprime consumers lived paycheck to paycheck with difficulty paying bills in January. The…

fintech

Sources

• T2Subprime Consumers Keep Paying Cards Despite Budget PressurePYMNTS26 Oct, 15:51