Americans’ Financial Condition Continues to Deteriorate as Inflation Persists
by Jennifer White on Sep 1, 2022 9:29:27 AM
As Americans enter the dog days of summer, they’re not just trying to beat the heat. Inflation has been an ever-present obstacle this year for most American banking customers’ financial health, and that trend persisted according to the latest J.D. Power data. Now, even financially hea …
Consumer Lenders See Unexpected Bonanza as People Battle Inflation
by Jennifer White on Aug 4, 2022 1:31:00 PM
Demand for consumer credit surges as the impact of interest rate increases and inflation hikes people's cost of living. One in three personal loan borrowers say they need the money to supplement lost income, which raises the question of a 'debt hangover' to come.
Inflation is Causing Americans to Make Trade-Offs, Both Large and Small
by Jennifer White on Jun 27, 2022 12:53:00 PM
For decades, social commentators have been discussing “The Two Americas.” The divide can be represented by conflicting ideologies, race or religion. As wealth disparity has grown over time, the term has also been used to describe the discrepancies between the lives of those with means …
Americans Start to Feel Squeeze of Inflation
by Jennifer White on Jun 27, 2022 12:47:00 PM
The specter of inflation has loomed over every facet of the economic landscape this year, and virtually all Americans are suffering some level of fatigue from the rising cost of goods and services. But for the first time since February 2020, when J.D. Power began tracking the financia …
Americans Start Hunting for Banking Incentives
by Jennifer White on May 19, 2022 1:00:00 PM
Novelist Patrick Rothfuss once wrote, “Time and tide make us mercenaries all,” words that accurately describe the relationship between banks and their customers in the time of a 40-year-high inflation rate.
J.D. Power Polaris April Report: Financial Health Insights
by Jennifer White on May 3, 2021 9:51:17 AM
J.D. Power Polaris monthly reports look at today’s banking and card customer through the lens of their financial health. J.D. Power’s inaugural 2021 Financial Health & Advice Program publishes in the U.S. and Canada on June 24, 2021. Subscribers have access to monthly pulse report …