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August 29, 2023 06:00 ET | Source: TransUnion

Canadian Consumers Turn to Credit for Liquidity

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...
July 19, 2023 07:30 ET | Source: TransUnion

With 27 Million Set to Resume Payments, Many Student Loan Borrowers Already Managing Increased Debt Since Pre-Pandemic

CHICAGO, July 19, 2023 (GLOBE NEWSWIRE) -- The average consumer with a student loan carries about $35K in debt. Many of these consumers have also acquired new credit products over the course of the...
September 19, 2016 06:00 ET | Source: TransUnion

Fed Interest Rate Hike Could Cause 'Payment Shock' for 9 Million+ Consumers, But Majority of Population Would Go Unscathed

CHICAGO, IL--(Marketwired - September 19, 2016) - New research from TransUnion (NYSE: TRU) found that up to 92 million credit-active consumers would experience some type of monthly debt service...
September 13, 2016 05:00 ET | Source: TransUnion

Près d'un million de Canadiens pourraient éprouver des difficultés en cas de hausse des taux d'intérêts

TORONTO, ON--(Marketwired - 13 septembre 2016) - Une nouvelle étude de TransUnion (NYSE: TRU) est arrivée à la conclusion que la grande majorité des Canadiens ne seraient pas matériellement affectés...
September 13, 2016 05:00 ET | Source: TransUnion

Nearly One Million Canadians May Struggle When Interest Rates Rise

TORONTO, ON--(Marketwired - September 13, 2016) - A new study by TransUnion (NYSE: TRU) found that the large majority of Canadians would not be materially impacted in the near term by an interest...