1、 2022 State of Credit Report12022 State of Credit Report The changing role of credit:How consumers are engaging with an evolving range of credit options amid a changing economic landscape.2022 State of Credit Report2While COVID-19 restrictions may have eased,and infection rates may be in decline acr

2、oss many regions,2022 hasnt been the respite from the pandemic years that we were perhaps hoping for.From war breaking out between Russia and Ukraine,to temperatures reaching all time highs across Europe1-its been turbulent to say the least.On top of this,the impending cost of living crisis is a rea

3、l threat to millions of people globally.With so many social,political,and economic factors at play,its easy to see why financial anxiety is high.As a result,consumers are increasingly financially conscious whether it be using budget management tools,or leveraging lending tools such as credit cards o

4、r Buy Now,Pay Later(BNPL)services money,and how to make the most of what you have,is front of mind for many.Following our Consumer Credit Report in 2021,Marqeta again surveyed 4,000 people 2,000 from the United States,1,000 from Australia,and 1,000 from the United Kingdom to establish how attitudes

5、towards credit have changed,whether the BNPL boom has lasted,and whats making consumers tick in regards to their lending choices.Introduction2 2022 State of Credit Report 2022 State of Credit Report3There are no two ways to cut it:People surveyed globally reported struggling more with meeting the mi

6、nimum payments on their credit cards than they did last year(when a significant proportion of survey respondents said they were already struggling).The number of people surveyed who reported struggling with their credit card minimum payments was up from 27%in 2021,to 37%in 2022,globally thats a 10%i