American consumers under age 30 are about twice as likely as those ages 30 and over to be oblivious to the cost of their monthly bills, according to a TNS Omnibus study for CashNetUSA. One thousand respondents were asked if they knew the total amount of money they spend on bills each month. Only 6.5… Continue Reading »
CHICAGO (November 14, 2012) – With the holiday season quickly approaching, having enough money for holiday gifts currently ranks as Americans’ top financial worry, according to a new survey by online lender CashNetUSA.com. One in four Americans (24 percent) are concerned they’ll have difficulty paying for holiday gifts this year, a number that increases to… Continue Reading »
Contact: Mike Gilhooly Office: (312) 568-4230 Cell: (708) 814-5281 Email: mgilhooly@enova.com One Fourth of Americans Consider Themselves Poor, New CashNetUSA.com Survey Finds Recession Depression Hitting the Young and People Based in North Central Region the Hardest CHICAGO (August 29, 2012) – The continuing economic slump is having a toll on Americans’ psyche with many… Continue Reading »
More than one in four Americans believes they live in poverty, according to a new TNS Omnibus study sponsored by CashNetUSA, yet approximately one in six actually lives below the federal poverty line, according to the 2010 U.S. census.2 The TNS survey asked 1,000 participants, “Do you consider yourself to be poor?” More than one-fourth… Continue Reading »
According to a 2012 survey of 155 CashNetUSA customers, the number one reason why people chose to use a payday loan was to cover an ‘emergency expense,’ with approximately 18% of participants citing this as their reason for borrowing the loan. If we add in the percentages of people who said that they used their… Continue Reading »
A study by Moebs $ervices, an economic research firm that collects data about financial institutions’ services, found that banks charge an average overdraft fee of $27.03 for bounced checks, in addition to the $27.78 average NSF charge for a returned check by merchants. Chase and Bank of America, in particular, charge an overdraft fee of… Continue Reading »
