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Consumer Credit Activity Continues to Rise from Pandemic Lows; Auto Loan Subprime Performance Lags
February 18, 2021 08:00 ET | TransUnion
CHICAGO, Feb. 18, 2021 (GLOBE NEWSWIRE) -- Consumer credit activity picked up in the final quarter of 2020 as balances increased across most credit products and originations activity rose from the...
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CarEdge.com Provides Vehicle Shoppers Big Data Analytics to Compete with Edmunds, KBB and JD Power
January 26, 2021 09:45 ET | Caredge.com
BOSTON, Jan. 26, 2021 (GLOBE NEWSWIRE) -- CarEdge.com announced today that it has completed Phase I of its automotive research and listings website, to compete directly with auto research sites...
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CarEdge.com Announces Industry-Changing Vehicle Financing Calculator, 5,000,000th Visitor Page View, and latest Vehicle Resale Rankings
October 28, 2020 10:00 ET | Caredge.com
BOSTON, Oct. 28, 2020 (GLOBE NEWSWIRE) -- CarEdge.com announced today that it has introduced a consumer-friendly Vehicle Financing Calculator, which compares the expected depreciation of a vehicle...
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Trended Credit and Alternative Data Attributes Improve Dealer and Consumer Experience in Auto Finance Market
October 21, 2020 08:00 ET | TransUnion
CHICAGO, Oct. 21, 2020 (GLOBE NEWSWIRE) -- In times of economic uncertainty, financial institutions are looking for new and innovative ways to approve qualified customers. Auto finance lender Arivo...
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Growing Up During Recessionary Times Does Not Suppress Gen Z’s Appetite for Credit
January 29, 2020 07:00 ET | TransUnion
CHICAGO, Jan. 29, 2020 (GLOBE NEWSWIRE) -- Generation Z consumers—those born in or after 1995—are actively seeking credit despite many of them growing up during severe economic recessions in their...
Consumers Poised to Continue Strong Credit Activity this Holiday Season
November 13, 2019 06:50 ET | TransUnion
CHICAGO, Nov. 13, 2019 (GLOBE NEWSWIRE) -- New TransUnion (NYSE: TRU) data from the just-released Q3 2019 Industry Insights Report point to a few factors that could portend good things for retailers...
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As More Off-Lease Vehicles Go to Market, Used Car Demand for Prime and Above Consumers Rises
June 19, 2019 06:00 ET | 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...
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Is the Point-of-Sale Trend Putting Pressure on Plastic?
May 16, 2019 08:00 ET | 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:...
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FinTechs Continue to Drive Personal Loan Growth
February 21, 2019 06:00 ET | 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...
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U.S. Consumer Credit Market Poised for More Growth in 2019
December 12, 2018 06:00 ET | 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...