Tagged: liz pagel

65% of Consumers Floored by Student Loan Repayment Resumption: TransUnion

Two in three consumers (65%) with a student loan said they were caught by surprise when the U.S. Department of Education announced this summer that student loan repayments would begin once more in October 2023. TransUnion’s Q4 2023 Consumer Pulse study found that 49% of… Read More

TransUnion study dives into debt consolidation techniques

A new study from TransUnion shows the measures many Americans take to rid themselves of high-interest credit card debt are but a temporary reprieve. “Debt Consolidation in a Rising Economy” describes how many turn to unsecured personal loans to consolidate their debts. Data generated between April… Read More

Financial Services Professionals Say Lending Sector to Take A Year or Longer to Recover to Pre-COVID Levels: Survey

The COVID-19 pandemic has accelerated the shift to digital with financial services, according to a recent report from TransUnion (NYSE:TRU), a financial services data platform and credit report provider. The report notes that the Coronavirus outbreak sent “shockwaves” through the financial services sector and has… Read More

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