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Credit Card Balances at Lowest Levels Since 2017; Holiday Season Credit Usage in the Spotlight
November 11, 2020 08:00 ET | TransUnion
CHICAGO, Nov. 11, 2020 (GLOBE NEWSWIRE) -- TransUnion’s (NYSE: TRU) newly released Q3 2020 Industry Insights Report found that credit card balances decreased significantly on both a quarterly and...
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Consumers Remain Resilient Despite Broader Economic Challenges
September 24, 2020 08:00 ET | TransUnion
CHICAGO, Sept. 24, 2020 (GLOBE NEWSWIRE) -- Serious delinquency rates in August improved once more across all consumer credit segments even as the number of people in accommodation programs dropped...
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Consumer Credit Market Withstands Challenges as Accounts in Financial Hardship Begin to Decrease
August 20, 2020 08:00 ET | TransUnion
CHICAGO, Aug. 20, 2020 (GLOBE NEWSWIRE) -- A new TransUnion (NYSE: TRU) report found the total percentage of accounts in “financial hardship” status dropped during the month of July for auto loans,...
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As COVID-19 Impacts the Consumer Wallet, Federal Programs and Lenders Provide Temporary Relief
May 20, 2020 08:00 ET | TransUnion
CHICAGO, May 20, 2020 (GLOBE NEWSWIRE) -- A new TransUnion (NYSE: TRU) report found that serious delinquency rates were mostly stable between April 2019 and April 2020 and all delinquencies have...
Demand for Liberty Bank’s Unsecured Personal Loan Relief Offer Far Exceeds Program Capacity
April 03, 2020 11:49 ET | Liberty Bank
Middletown, CT, April 03, 2020 (GLOBE NEWSWIRE) -- Liberty Bank of Middletown, Connecticut today announced that due to the incredible demand and extraordinary number of applications they received...
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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Debt Consolidation Often Results in Higher Credit Scores and Better Credit Performance
October 30, 2019 07:00 ET | TransUnion
CHICAGO, Oct. 30, 2019 (GLOBE NEWSWIRE) -- Participation in the consumer lending market is at a record high, with more than 19.6 million consumers carrying an unsecured personal loan through the...
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Consumers with Significant Liquidity Needs Often Access Alternative and Traditional Credit Markets Concurrently
September 26, 2019 08:00 ET | TransUnion
CHICAGO, Sept. 26, 2019 (GLOBE NEWSWIRE) -- Many lenders believe that consumers who turn to the alternative credit market for liquidity do so because they have no other options. However, a...
As Gen Z Comes of Age, Credit Market Activity Shows Significant Growth
August 14, 2019 07:00 ET | TransUnion
CHICAGO, Aug. 14, 2019 (GLOBE NEWSWIRE) -- Gen Z, those individuals born in 1995 or after, increasingly took part in the consumer credit market during the first half of 2019. The newly released Q2...
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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:...