TransUnion: Majority of Consumers in Accommodation Programs Continue to Make Payments

Enrollment in financial hardship programs grew significantly as a result of the COVID-19 pandemic – to 7% of all accounts for credit products such as auto loans and mortgages. However, a new TransUnion study reported the majority of consumers continued to make payments on their accounts, even when in an accommodation program.

Housing Market Roundup: Apr. 15, 2021

Beware the Ides of April—unless it’s news you seek. Because we have plenty of housing market reports below to slake your thirst.

Consumers Resilient Despite Broader Economic Challenges

Serious delinquency rates in August improved once more across all consumer credit segments even as the number of people in accommodation programs dropped for the second consecutive month, reported TransUnion, Chicago.

TransUnion: Consumer Credit Market Withstands Coronavirus Challenges

TransUnion, Chicago, reported the total percentage of accounts in “financial hardship” status dropped during July for mortgages, auto loans, credit cards and personal loans – marking the first such decrease since the start of the COVID-19 pandemic.