CivicScience data tracking shows that debit cards have been the most commonly used form of payment among U.S. consumers for years. It wasn’t until the push for contactless pay in 2020 that consumers began using debit cards slightly less. While debit cards still hold their place as the primary payment form among consumers, mobile pay […]
Majority of Americans Don’t Trust Cryptocurrency, Support Federal Regulation
News of big investments from major financial institutions into the digital assets space may have buoyed the cryptocurrency market recently, but to the general public, interest in cryptocurrency remains stagnant month-over-month. The latest CivicScience data tracking cryptocurrency activity show that 19% of U.S. adults have invested and 9% plan to invest, the same as in […]
Nearly Half of Student Loan Borrowers Will Delay Major Purchases or Life Plans F...
CivicScience is continuously tracking the impact of student loan payments on consumers. For even deeper insights on the subject, get in touch. Last week, the Supreme Court struck down President Biden’s student loan forgiveness plan. In a 6-3 vote, the majority ruled that the Biden administration overstepped its legal authority in providing up to $20,000 […]
Less Than Half of U.S. Adults Have Wills or Advance Healthcare Directives
Death or medical emergencies are never topics that are easy to address. However, a last will or testament can make a difference in the way that one experiences aging, as well as how families grieve in the aftermath of a deceased loved one. Gallup findings from 2021 show that less than half of U.S. adults […]
Trust in Banks Plummets Among Wealthiest Americans After First Republic Bank Col...
Foreboding as it initially seemed, the Silicon Valley Bank collapse didn’t lead to the rest of the stock market crashing alongside it. But the run of bank failures undoubtedly shook trust in the broader banking system, and First Republic Bank’s recent implosion – and subsequent sale to JPMorgan Chase – has done little to restore […]
Managing Everyday Living Expenses Is the Leading Source of Financial Stress for ...
In a recent CivicScience report on financial literacy, data showed 68% of U.S. adults feel at least somewhat secure about their financial situation. Yet the percentage of the population who feel ‘very secure’ only comes to 19%, which leaves another 81% of people in the U.S. feeling so-so or insecure about money. The causes are […]