Financial Hardship - All News And Posts By Crowdfund Insider

DailyPay Survey Reveals Need for Employers to Provide Impactful Financial Benefits to Workers

November 27, 2022 @ 6:11 pm By Omar Faridi |

Inflation and uncertain economic times are “keeping many Gen Zers at home with their families,” according to an update from DailyPay. Around 54% of 18-25-year-olds have “made the choice to live with their parents given the current economic climate,” according to a new study of… Read More

Read more in: Fintech | Tagged dailypay, economic uncertainty, financial hardship, financial services, financial stress, financial wellbeing, gen z, inflation, kevin coop, research, Research Study, survey, the harris poll

LendingClub Financial Health Officer Anuk Nayar Reports that No US Region Is Immune to Falling into Paycheck-to-Paycheck Cycle

August 3, 2021 @ 5:57 pm By Omar Faridi |

LendingClub Corporation (NYSE: LC), the parent firm of LendingClub Bank, the leading digital marketplace bank in the US, has shared key findings from its second Reality Check: Paycheck-To-Paycheck research series. The first report revealed that most US residents (54%) are living paycheck-to-paycheck; this second August… Read More

Read more in: General News, Fintech | Tagged financial hardship, financial health, financial literacy, financial management, financial stability, financial wellbeing, lendingclub, money management, paycheck to paycheck, research, Research Report, united states, us

Buy Now Pay Later Services Pose Serious Risks to Consumers, May have Unclear Terms and Conditions: Report

May 18, 2021 @ 8:09 pm By Omar Faridi |

Buy Now, Pay Later (BNPL) services are becoming increasingly popular across the globe. The BNPL market is valued at around £2.7 billion in the United Kingdom. Although postponing payments might appear to be useful for security and in many instances provides other benefits depending on… Read More

Read more in: Fintech, Global, Politics, Legal & Regulation | Tagged bnpl, buy now pay later, consumer protection, consumer risk, europe, fca, financial conduct authority, financial hardship, flexible payments, installment plans, installments, klarna, nerdwallet, payments, research, uk, united kingdom, zilch