Missed Payments, Lower Spending—What’s Next for the Consumer Market?

DONNA DELAROSABlog

It’s a sign of the times: 1.4 million consumers recently missed a credit payment, even as personal spending hit a three-year low, according to recent data. For businesses in the consumer space—whether retail, services, or e-commerce—this signals a red flag: the financial pressure on your customers is rising, and it’s starting to impact your bottom line. But here’s the good …