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From Investing To Budgeting, How Millennials Are Disrupting Personal Finance

CB Insights

While the media often portrays millennials as preoccupied with the rising prices of festival tickets and avocado toast, their real financial concerns are a bit more practical. But millennials face significant headwinds in making those financial dreams a reality. get the REPORT on next generation investors. From big banks to big tech.

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Consumer Credit Update for 2Q 2023

South State Correspondent

Even if your bank has limited consumer exposure, given that the consumer composes approximately 66% of the US economy, and, according to the yield curve and market pundits, we are all staring into a recession, paying close attention to consumer trends is critical. 1,000+ payments now are 15% of the market which is also a new development.

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Report: Credit Card APRs At Highest Rates In Five Years

PYMNTS

Americans are carrying more debt than ever before and paying some of the highest credit card rates every recorded, according to new data. The national average annual percentage rate (APR) for credit card debt is 15.22 percent, according to CreditCards.com’s weekly Credit Card Rate Report. Credit card balances rose 3.4

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A Decade On, Lending Transformed By Crisis And Innovation

PYMNTS

But a standstill in the credit markets created a vacuum for a bit, at least along traditional lending conduits. Much has been said about the wealth effect of those who held and hold stock market securities, and much has been written about income disparity. Mortgages and Credit Cards and Student Debt…. Mortgages ?

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Online Lending And A Tale Of Two Fed Studies

PYMNTS

” The study examined data from TransUnion that identified about 90,000 customers who had taken out an online loan between 2007 and 2012. Instead, customers were using those loans to rack up more debt and maxing out the cards they used to pay off the loans. The verdict?

Study 101
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Soda Wars Summer

PYMNTS

This marketing promotion seeks to recreate the success of the brand’s 2014–2015 U.S. Not one to lose out on that sweet, Lee Greenwood-based revenue from millennials without a fight, the Pepsi to Coca-Cola’s Coke — AKA Pepsi — is launching its own interactive campaign this summer called “PepsiMojis.”.

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The $70K Dent The Financial Crisis Put In The US Consumer’s Pocketbook

PYMNTS

2007, most people remember a different date as “real” start to the Great Recession: Sept. Six days later, The New York Times reported that Bear Stearns was dangling on the age of bankruptcy and a forced liquidation after it posted a 61 percent drop in net profits as a result of hedge fund losses in the subprime mortgage market.

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