WASHINGTON (Reuters) – US consumer confidence fell more than expected in July amid an outbreak of COVID-19 infections across the country, threatening the economy’s recovery from an unprecedented recession caused by the pandemic. FILE PHOTO: A shopper is seen wearing a mask while shopping at a Walmart store in North …
Read More »Affirm, Shopify partner in zero-interest, zero-fee online shopping
New alternative credit card company Affirm has partnered with e-commerce giant Shopify to push a new way for consumers to divide purchases without interest or fees. “Shop Pay Terms” – A new option that Canada-based Shopify will launch later this year, will provide approved Shop Pay customers with this option …
Read More »FICO launches a new score that calculates financial resilience
Even before the coronavirus pandemic caused state closings and led to one of the fastest recessions in modern history, as many as 60 million Americans struggled to qualify for credit cards and loans. Early data shows that the restriction will only worsen as the pandemic continues to disrupt daily life, …
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