Tagged: consumer risk

TransUnion Report: Consumers Now with Negative Equity, As Loan-to-Value Ratios Rise, And Used Vehicle Values Fall

A newly released TransUnion and J.D. Power study shows that while most remain in positive equity positions, potential risk is “increasing among some consumers and lenders.” A return to a vehicle environment “closer to the pre-pandemic norm has allowed for inventories to replenish and for… Read More

Buy Now Pay Later Services Pose Serious Risks to Consumers, May have Unclear Terms and Conditions: Report

Buy Now, Pay Later (BNPL) services are becoming increasingly popular across the globe. The BNPL market is valued at around £2.7 billion in the United Kingdom. Although postponing payments might appear to be useful for security and in many instances provides other benefits depending on… Read More

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