Closing the credit gap: Financial wellness
New research from Snap Finance shows how credit changes how people manage day-to-day finances, unexpected expenses, and long-term goals.
Key insights from new Snap Finance research
Among consumers with credit scores below 670:
58%
say their current financial situation is unstable or very unstable
58%
say they are very or somewhat knowledgeable about their finances
46%
feel confident they will reach their financial goals
Takeaways for your finances
The reality of living paycheck to paycheck
Living on the edge financially impacts the ability to save, plan, and pay bills on time. Among those with lower credit scores who live paycheck to paycheck, almost half have trouble paying all their bills on time.
91% of those with lower credit scores live paycheck to paycheck.
Financing can bridge the credit gap
When shoppers can’t pay upfront and don’t qualify for traditional financing, Snap Finance can help you close the sale. More than half of consumers with credit scores under 670 expect to use financing more often in 2026.
29% of consumers with lower credit scores used lease-to-own financing in 2025.
Economic concerns drive purchasing decisions
Although Snap found more than half of consumers expect their financial situation to improve in 2026, consumers have overriding concerns about the current economy. That’s especially true for those with lower credit scores, who may not be able to get what they need without inclusive financing options.
74% of consumers with lower credit scores are worried about inflation in 2026.
Why choose Snap?
You’ll love Snap’s clear and simple terms and convenient payment plans.
No credit needed¹
Need solutions that think outside the box – and your credit score - to determine your creditworthiness? Snap can help.
So quick, so easy
Apply in minutes, get a decision in seconds. Approvals from $300 to $5,000.
More shopping power
Shop now, pay later for tires and rims, furniture, mattresses, appliances, electronics, and more.
Multiple solutions
Get it now with lease-to-own financing, an installment loan, or a retail installment contract (RIC).2
Disclosures
Snap Finance, its affiliates, and partners offer consumers a range of solutions, which may include lease-to-own financing, installment loans, retail installment contracts, and credit cards. Product availability may vary. For detailed information, visit snapfinance.com/legal/products.
¹ Not all applicants are approved. While no credit history is required, Snap obtains information from consumer reporting agencies in connection with submitted applications, and your score with those agencies may be affected.
About this survey
Snap Finance’s proprietary research on credit-challenged consumers was conducted in January 2026 through Accelerant Research’s Agora panel with 1,000 U.S. adults who are household financial decision makers. Respondents’ answers were categorized by their self-identified credit scores above or below 670.