Findings from the newly released Q1 2024 Quarterly Credit Industry Insights Report from TransUnion reveal that the consumer credit market continues to show resiliency in the face of a challenging economic environment as consumers continue to turn to credit to help manage higher costs. Despite… Read More
Read more in: Fintech | Tagged credit, liz pagel, michele raneri, paul siegfried, satyan merchant, transunion
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
Read more in: Fintech | Tagged consumer behavior, consumer risk, jdpower, lending, research, Research Report, Research Study, satyan merchant, transunion
TransUnion (NYSE: TRU) confirmed that consumer credit activity keeps rising from the COVID-19 pandemic lows, but some areas like automobile loans (subprime) performance have lagged. As noted in an update published on February 18, 2021, by TransUnion, the company’s Q4 2020 Industry Insights report looks… Read More
Read more in: General News | Tagged auto loans, car loans, consumer credit, credit cards, lending, loans, mortgages, originations, personal loans, satyan merchant, unsecured personal loans
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