Credit Purchases and Revolving Debt Declined in 2020:
Don’t miss another episode of Truth In Data! Click on the red bell in the lower-left of your screen to ...
Tag: Stimulus Check
ABA Report: Consumer Credit Recovery Continued in Fourth Quarter of 2020
WASHINGTON — The consumer credit recovery continued in the fourth quarter of 2020, building off trends established last fall, according to ...
As Consumers Start to Travel, Many More Reach for Their Debit Cards
Travel has always been the domain of credit cards. Whether for the reward points or for the available funding, credit ...
Armed with its Own Data, FDIC Seeks to Bank the Unbanked.
Much has been written in the popular media about how difficult it has been to distribute stimulus funds to all ...
COVID and Consumer Bankruptcy: Another Set of Metrics that Buck the Trend
Usually, credit losses and unemployment rates follow similar trends. People lose their jobs and cannot pay their bills. It is ...
New Features Make Venmo an Even Greater Threat for Neo-Banks
With a slew of new functions – like support for buying and selling cryptocurrencies, budgeting tools, and savings features – ...
The Interconnection of Stimulus Payments and Debit
CU Times provides analysis of St. Petersburg, Florida-based payments credit union service organization PSCU’s recent data release that shows continued ...
Treasury Still Fails at Giving Money Away to Low Income Families
You wouldn’t think it would be so hard, but it is. Treasury is still trying to get money to an ...
Over 68% of Eligible Citizens Have Received Their Stimulus Payment Already through ACH
Round two of the government stimulus payments have already landed in over two thirds of checking accounts and registered prepaid ...
Stimulus Is Here. But There are Some Big Caveats.
With the final signature on the new COVID-19 relief and stimulus package on 12/27/20, a collective sigh of relief, however ...
Must Reads
