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  • How do Americans really feel about consumer finance?
  • How do Americans really feel about consumer finance?
    Yelp Inc. (2018) ©
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How do Americans feel about consumer finance?

Even as consumer finance regulations loosen, people in America are still apprehensive about how to choose the right financial product. Canvas8 surveyed 3,300 Americans and spoke to 20 people across the US to figure out how people get the financial information they need.

Location United States

Scope
Amid loosening regulations for consumer finance in the United States, a lending frenzy has seen Wall Street banks wooing people with cheaper and easier credit. [1][2] Positive growth in mortgages, student loans, auto loans and credit cards caused consumer debt in the US to increase by 1.5% for the fifth consecutive year, hitting a record total of $13.5 trillion in the final quarter of 2017. [3] Previous fears about how fintech could disrupt the traditional lending sector have cooled, as big banks are finding new avenues to reach customers through emulating and collaborating ...

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