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  user 12:18 am on July 13, 2017 Permalink | Reply
  Tags: Every ( 3 ), Millennials’ ( 17 ), Money ( 46 ), month ( 10 ), NonPrime   

  40% of Non-Prime Millennials Run Out of Money Every Other Month 

  Life as a non-prime millennial consumer means more debt and less financial confidence, with the majority of these consumers living paycheck to paycheck. Nearly 60% (58%) of non-prime millennials live from one paycheck to the next, according to the Millennials’ Day-to-day Finances: The Non-Prime Experience released today by Elevate’s Center for the New Middle Class. […]
  Bank Innovation

   

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  user 12:18 am on June 1, 2017 Permalink | Reply
  Tags: Consumers ( 36 ), Elevate’s, focus ( 21 ), growth ( 28 ), NonPrime, pays ( 2 ), Shows ( 13 )   

  Elevate’s Growth Shows It Pays to Focus on Non-Prime Consumers 

  Non-prime #consumers are getting a boost from credit solutions provider Elevate. The company’s #focus on this financial segment has led to extensive #growth this year, especially in products like its Elastic service—a bank-issued line of credit, backed by Republic Bank, that has just surpassed $ 200 million in total outstandings, the company announced today. “These consumers […]
  Bank Innovation