Tag : Consumer Debt

AI is Redefining Consumer Debt Behaviour And Fintechs Need To Adapt Quickly To Survive
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AI is Redefining Consumer Debt Behaviour And Fintechs Need To Adapt Quickly To Survive

Adele Megdyat
Across major markets, consumer debt continues to act as an early indicator of financial conditions. Rising costs and shrinking savings have reduced household resilience but the more meaningful shift is not the pressure itself, it’s how people are behaving under it. Over the past two years, repayment patterns, engagement habits......
The Looming Rise in Consumer Debt
Artificial Intelligence Business Digital Payments Featured Finance Fintech Technology

The Looming Rise in Consumer Debt

Fintech Staff Writer
You likely dread the sound of an unknown number calling your phone when a bill is overdue. The anxiety associated with debt collection is universal and deeply unpleasant. Millions of people face financial instability, yet the systems designed to recover funds often feel like punishments rather than solutions. The industry......
Method Financial Expands Reach to 200k+ Americans Managing More than $22 Billion in Consumer Debt
Fintech News

Method Financial Expands Reach to 200k+ Americans Managing More than $22 Billion in Consumer Debt

Business Wire
Method Financial, a leading provider of real-time data and payment access for consumer liabilities, has expanded its reach to more than 200,000 Americans managing over $22 billion in consumer debt since its launch at the end of 2021. Method continues to increase its reach through its growing client base, which......
CUNA Mutual Group And WithClutch Partner To Help Credit Unions Recapture And Refinance High Interest Consumer Debt
debt collection Fintech News

CUNA Mutual Group And WithClutch Partner To Help Credit Unions Recapture And Refinance High Interest Consumer Debt

Fintech News Desk
CUNA Mutual announces investment in WithClutch to bring solution to more credit unions CUNA Mutual Group announced it will partner with WithClutch, a fintech platform focused on allowing consumers to refinance high interest consumer loans through a digitally-enabled and frictionless process. The platform turns every member touchpoint into a recapture-opportunity......
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