Cross River and PeerIQ Announce Strategic Partnership to Offer Enhanced Risk Management and Transparency Tools to Marketplace Lending
February 20, 2018 08:00 ET
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PeerIQ
New York, Feb. 20, 2018 (GLOBE NEWSWIRE) -- Cross River, an established financial services company, and PeerIQ, a leading consumer loan data analytics provider, announced today a strategic...
Consumer Credit Market Concludes 2017 on a High Note
February 20, 2018 06:00 ET
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TransUnion
CHICAGO, Feb. 20, 2018 (GLOBE NEWSWIRE) -- The consumer credit market concluded 2017 on a high note with strong performance across multiple credit products. TransUnion’s (NYSE:TRU) newly released Q4...
Consumer Credit Market Expected to Remain Strong in 2018 Even in a Rising Rate Environment
December 13, 2017 08:00 ET
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TransUnion
CHICAGO, Dec. 13, 2017 (GLOBE NEWSWIRE) -- In spite of rising interest rates, the U.S. consumer credit market is poised to perform well in 2018, with well-managed delinquencies and continued wide...
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...
PeerIQ Secures $12M in Series A Financing to Expand Leading Data and Analytics Platform for Lending Markets
August 02, 2017 07:00 ET
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PeerIQ
New York, Aug. 02, 2017 (GLOBE NEWSWIRE) -- PeerIQ, a leading provider of data and analytics for the lending sector, today announced that it has closed a $12 million Series A funding round, co-led...
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...
The Future of Lending is Now with Latest TransUnion Prama Offerings
May 16, 2017 06:00 ET
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TransUnion
CHICAGO, May 16, 2017 (GLOBE NEWSWIRE) -- As TransUnion (NYSE:TRU) data from the end of March 2017 suggest, the consumer credit market is as complex as ever. Mortgage delinquency rates: continuing...
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...