TransUnion, Chicago, released its Consumer Pulse Study for the second quarter, finding consumer concerns about inflation and interest rates have hit their highest levels in two years. However, more than half of Americans remain optimistic about their household finances over the next year.
Tag: Charlie Wise
Rising Inflation Impacting Non-Prime Borrowers Most
As rapidly rising gasoline, energy and utility prices drive inflation, non-prime borrowers with the riskiest credit profiles have generally experienced the greatest impact to their wallets, reported TransUnion, Chicago.
TransUnion: More than 45 Million Americans Credit Unserved or Underserved
More than 45 million consumers are considered to be either credit unserved or underserved in the United States, according to a new global TransUnion stud
TransUnion: Recent Vintage Loans Perform Well Even as More Non-Prime Consumers Gain Credit
TransUnion, Chicago, said consumer credit performance maintained healthy levels across auto, credit card, personal loans and mortgages in the fourth quarter even as lenders continued to ramp up new account origination growth in the non-prime segment of the market.
Positive Signs Even as Many Household Incomes Still Negatively Impacted by COVID-19
U.S. consumers continue to be negatively impacted one year since the onset of COVID-19, although TransUnion, Chicago, reported positive signs in its latest Consumer Pulse study.
TransUnion: Coronavirus Giving Millennials Toughest Financial Challenges
The COVID-19 pandemic is causing similar financial hardship for consumers around the world, but new research from TransUnion, Chicago, shows Millennials are being challenged the most.