In today’s world, consumers expect more and brand loyalty is up for grabs
This week, I want to start this column wearing my consumer hat. Last week, I had the rare occasion to call my credit card company …
Category: Consumer financing
Broad River Retail partners with Koalafi to make prime financing more accessible to customers
RICHMOND, VA — April 24, 2023, Koalafi, a provider of comprehensive non-prime consumer financing plans, today announced a partnership with Broad River Retail, one of …
Consumers are spending, and credit card debt is rising
Late last week, it seemed like every news source was reporting that, despite record inflation, consumers were spending as if there was no tomorrow. Case …
Versatile Credit data shows increase in demand for promotional financing
The numbers also show higher-income consumers are using more credit in order to hold onto cash MECHANICSBURG, Penn. — Data from credit aggregation and customer …
CFPB seeks public comment on rule to limit credit card late fees
Agency says revenues collected from these charges are estimated as much as five times greater than collection costs for late-payment violations WASHINGTON — The Consumer …
ChargeAfter survey shows many retailers not meeting consumer demand for financing
NEW YORK — A survey by point-of-sale financing platform ChargeAfter shows that only 12% of retailers achieve finance approval rates of 80% or higher and …
Citi Retail Services, Overstock launch co-branded Overstock Mastercard
SALT LAKE CITY — Online furnishings retailer Overstock and Citi Retail Services have launched a co-branded Overstock Mastercard. The companies said that the card has …
Synchrony, RTG renew financing partnership
SEFFNER, Fla. and STAMFORD, Conn., January 25, 2023 – Synchrony (NYSE: SYF), a premier consumer financial services company, and Rooms To Go, the nation’s largest independent furniture retailer, today announced …
Think strategically about financing programs in an uncertain economy
There’s no question that continued inflation, rising interest rates and economic uncertainty is weighing heavily on retailers’ minds. At TD, we confirmed as much during …
CIN Regional Report No. 5 – The West Coast
HIGH POINT — Recently we published our last — but certainly not least — installment in our Consumer Insights Now regional reports. As seen in …
