Canadian Consumers Turn to Credit for Liquidity
August 29, 2023 06:00 ET
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TransUnion
Demand for credit continues to grow, likely fuelled by consumers seeking additional liquidity in response to high cost of living. Increased debt levels and higher interest rates contributed to higher...
Strong Borrowing Activity and Participation Continues in the Canadian Credit Market
May 31, 2023 06:00 ET
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TransUnion
Continued strong balance growth in Canada’s credit market during the first quarter of 2023, despite concerns of a looming recessionCanadian consumers demonstrate healthy credit performance and...
More than Half (55%) of Canadians Surveyed Say Their Incomes Aren’t Keeping Up With Inflation
October 12, 2022 06:00 ET
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TransUnion
Q3 2022 TransUnion Canada Consumer Pulse study key findings: 54% reported reducing discretionary spending over the last three months. 61% said their household income remained unchanged over the...
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...