Oportun Holiday Savings Report Reveals Consumers Saved More For This Holiday Season
Oportun Financial Corporation - common stock (OPRT)
Last oportun financial corporation - common stock earnings: 2/27 04:05 pm
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Source: GlobeNewswire
SAN CARLOS, Calif., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT) today shared results from its 2024 Holiday Savings Report showing that annual holiday have been higher than standard and people are now using set-aside funds to pay for holiday expenses. The report analyzes member year-over-year savings amounts and behaviors for those savings goals tagged as “holiday” in its Set & SaveTM product. “The 2024 Holiday Savings Report shows that setting goals and saving towards them works,” said Oportun Head of Savings, Annie Ma. “Our members have saved hundreds of dollars for holiday spending this year – more than they have in recent years – and we believe they are now withdrawing that to avoid taking on debt.” Key findings from the 2024 report indicate: Members generally begin creating holiday savings goals each summer.In summer 2024, members saved an average of $396 towards holiday goals, an approximately 30% increase compared to summer 2023.As of Q3 2024, members had withd
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