FinTechs Taking Larger Share of Personal Loan Market While Increasing Portfolio Risk-Return Performance
November 02, 2017 06:02 ET
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TransUnion
CHICAGO, Nov. 02, 2017 (GLOBE NEWSWIRE) -- FinTech lenders continue to gain market share in the personal loan space while maintaining their portfolio risk-return performance. Results from...
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...
TransUnion Launches Innovation Lab to Accelerate Lenders' Growth with Real-Time Data Access and Analytical Expertise
March 06, 2017 06:00 ET
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TransUnion
CHICAGO, IL--(Marketwired - March 06, 2017) - TransUnion (NYSE: TRU) announced today the launch of its Innovation Lab, a new offering to help lenders accelerate growth, power new models and identify...
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...
Healthy, Well-Functioning Credit Markets Spurred on by Strong Balance Growth, Low Delinquency Rates
November 07, 2016 06:00 ET
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TransUnion
CHICAGO,IL--(Marketwired - November 07, 2016) - Balances continue to rise and delinquencies remain muted across all credit products, according to TransUnion's (NYSE: TRU) Q3 2016 Industry Insights...
TransUnion Analysis Finds FinTechs Outpacing Traditional Lenders in Personal Loans Issued to Near Prime and Prime Borrowers
April 12, 2016 06:00 ET
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TransUnion
CHICAGO, IL--(Marketwired - April 12, 2016) -
A new TransUnion (NYSE: TRU) analysis unveiled today at the LendIt USA 2016 Conference found that FinTech lenders have surpassed banks, credit...
Freedom Financial Network Secures $125 Million From Vulcan Capital for New Personalized Lending Platform
December 11, 2013 08:06 ET
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FreedomPlus
SAN MATEO, CA--(Marketwired - Dec 11, 2013) - Freedom Financial Network, LLC (FFN) announced that it has received a capital commitment of $125 million from private investment firm Vulcan Capital....