Subprime Consumers Keep Paying Cards Despite Budget Pressure

Overview

Subprime consumers continue paying their credit cards even as many struggle to cover everyday bills. PYMNTS Intelligence’s May report, “Who Is the Subprime Consumer? A Behavioral Profile,” found that 55% of subprime consumers lived paycheck to paycheck with difficulty paying bills in January. The comparable share across all consumers was 24%. The report’s February findings […] The post Subprime Consumers Keep Paying Cards Despite Budget Pressure appeared first on PYMNTS.com.

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