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With Home Equity Lacking, Will Millennials Embrace POS Financing?

PYMNTS

In 2006, 44 percent of tappable equity came from homeownerships with credit scores of 780; in 2017, the share had increased to 53 percent. And here is the kicker: “Much of the corresponding decline in share came from homeowners under 45, whose share of equity declined from 24 percent in 2006 to 14 percent in 2017.”.

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Slice Integrates No-Fee Visa For Millennial Shoppers In India

PYMNTS

India’s pay-later app Slice is introducing a no-fee Visa card that offers its Gen Z and millennial customers cash back and no-cost EMIs during festive sales. “We Payments startup Slice was founded in 2016 to cater to the financial needs of the Gen Z and millennial generations. Spending peaked in 2006 at $3,023 on average.

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Sales Of Existing US Residences Hit Record High In 2020

PYMNTS

22) that existing-home sales increased in December, while home sales for last year reached their highest point since 2006, according to a press release. Home sales rose in December, and for 2020 as a whole, we saw sales perform at their highest levels since 2006, despite the pandemic,” NAR Chief Economist Lawrence Yun said in the release.

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Millennials and Credit: Are We Missing the Real Story?

FICO

Our fascination with millennials and their like or dislike of credit continues to occupy its fair share of column inches – so much so that a while back I decided to take a look for myself. Is the millennial fascination just a cover story for a more pressing issue facing US credit grantors? appeared first on FICO.

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Turning To The Crowd ? And Gift Cards ? To Fund Honeymoons

PYMNTS

Modern consumers — millennials, in particular — couldn’t care less about receiving fine china, crystal stemware or other knickknacks as wedding gifts. This shift has allowed wedding registry platforms to see the revenue opportunity, and they are now working to help satiate millennial consumers’ desires for experiential giving.

Cards 102
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For eCommerce Content, It’s Experiences Over Speed

PYMNTS

The company, which launched in 2001, has since about 2006 provided online and physical content — a collection that now includes a print catalog — as part of 1stdib’s effort to cement its position in the luxury marketplace. In a discussion with PYMNTS on Wednesday (Feb. Speaking to Audiences. billion catalogs were sent to U.S. billion in 2007.

Retail 214
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Retailers, Here Are This Year’s Most Important Halloween Trends

PYMNTS

First and foremost, Halloween is no longer a holiday traditionally for children, as millennials between the ages of 18 and 34 are the most likely to participate in the holiday. Millennials are also the top costume spenders, spending $42.39 And millennials’ desire to attend a Halloween party has increased 10.9

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