As More Off-Lease Vehicles Go to Market, Used Car Demand for Prime and Above Consumers Rises
June 19, 2019 06:00 ET
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TransUnion
CHICAGO, June 19, 2019 (GLOBE NEWSWIRE) -- While used vehicle financing has traditionally been associated with non-prime borrowers, a new TransUnion (NYSE:TRU) study has found that consumers across...
Is the Point-of-Sale Trend Putting Pressure on Plastic?
May 16, 2019 08:00 ET
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TransUnion
CHICAGO, May 16, 2019 (GLOBE NEWSWIRE) -- The latest entrant to the credit market, point-of-sale loans, may be shaking up how consumers finance large purchases. According to the TransUnion (NYSE:...
FinTechs Continue to Drive Personal Loan Growth
February 21, 2019 06:00 ET
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TransUnion
CHICAGO, Feb. 21, 2019 (GLOBE NEWSWIRE) -- The FinTech revolution has propelled unsecured personal loans to another record-breaking quarter. TransUnion’s (NYSE: TRU) Q4 2018 Industry Insights Report...
U.S. Consumer Credit Market Poised for More Growth in 2019
December 12, 2018 06:00 ET
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TransUnion
CHICAGO, Dec. 12, 2018 (GLOBE NEWSWIRE) -- Low unemployment rates and continued positive growth in both GDP and real disposable income are among the key drivers that will propel the U.S. consumer...
Profits v. Risk Management: Striking the Delicate Balance Between Customer Experience and Fraud Prevention
September 26, 2018 06:00 ET
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TransUnion
CHICAGO, Sept. 26, 2018 (GLOBE NEWSWIRE) -- Striking the delicate balance between customer experience and fraud prevention is not an easy feat. This was a common theme among newly released Forrester...
Credit Card Usage at All-Time Highs, But Delinquency Rates Still Remain in Check
May 08, 2018 06:01 ET
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TransUnion
CHICAGO, May 08, 2018 (GLOBE NEWSWIRE) -- With more than 416 million credit cards and nearly 175 million consumers with access to them, credit card usage continued its upward trajectory in Q1 2018....
Digitalization Among Factors Pushing Millennial Credit Preferences Toward Auto and Personal Loans
August 30, 2017 06:03 ET
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TransUnion
CHICAGO, Aug. 30, 2017 (GLOBE NEWSWIRE) -- As the first generation to be fully immersed in mass-market digitalization, Millennials are slowing their credit card usage while increasingly using other...
Consumers Place Personal Loans Atop the Credit Mountain
May 17, 2017 06:00 ET
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TransUnion
CHICAGO, May 17, 2017 (GLOBE NEWSWIRE) -- When faced with the choice of which debts to pay and which to miss, consumers in financial distress tend to prioritize unsecured personal loans ahead of...
Consumer Access to Credit Cards Grows to Highest Level since 2005 as Mix of Card Issuers Changes
May 09, 2017 06:00 ET
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TransUnion
CHICAGO, May 09, 2017 (GLOBE NEWSWIRE) -- The number of consumers with access to a credit card at the end of Q1 2017 reached the highest level since 2005, according to TransUnion’s (NYSE:TRU) Q1...
More Subprime Borrowers and Expected Interest Rate Hikes to Drive Up 2017 Auto Loan and Credit Card Delinquency Rates
December 14, 2016 06:00 ET
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TransUnion
CHICAGO, IL--(Marketwired - December 14, 2016) - The combination of expected interest rate increases and more subprime borrowers in the consumer lending market will spur delinquency rate rises in...