Mortgages Account for Nearly Three Quarters of Canadian Debt as Consumers Hold Out for Reduced Interest Rate Relief
27 août 2024 06h00 HE
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TransUnion
Key findings from the TransUnion® report: Canadian household debt hits a record high $2.41 trillion, with mortgage debt making up 74% of the total outstanding balances. More Canadians face payment...
Canadian Consumer Credit Market Continued to Expand, with Evident Signs of Payment Stress
28 mai 2024 06h00 HE
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TransUnion
Key findings from TransUnion report: Credit participation in Canada continued to rise, led by new-to-country and Generation Z consumers, driving total debt to $2.38 trillion Continued higher cost...
Canadian Credit Market Reaches Record High Participation
05 déc. 2023 06h00 HE
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TransUnion
Total Canadian credit active consumers holding at least one credit product at an all time high of 31.2 million.While average credit card balance per consumer rose due to higher cost of living, the...
Credit Card Borrowers Reverting to Pre-Pandemic Payment Patterns; TransUnion Study Explores Risks Related to Balance Increases
06 oct. 2022 08h30 HE
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TransUnion
CHICAGO, Oct. 06, 2022 (GLOBE NEWSWIRE) -- As pandemic-related government relief programs and forbearances fall farther behind in the rearview mirror, a new study from TransUnion (NYSE:TRU) found...
Serious Delinquencies Normalizing to Pre-Pandemic Levels as Many Lenders Make Concerted Effort to Expand Access to Credit
04 août 2022 08h00 HE
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TransUnion
CHICAGO, Aug. 04, 2022 (GLOBE NEWSWIRE) -- The first half of 2022 concluded with a normalization in serious delinquency rates to pre-pandemic levels for most credit products as lenders continued to...
Lenders Extending More Loans to Subprime Consumers as Credit Market Continues to Exhibit Signs of Strength
15 nov. 2018 06h00 HE
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TransUnion
Q3 2018 TransUnion Industry Insights Report features latest consumer credit trends CHICAGO, Nov. 15, 2018 (GLOBE NEWSWIRE) -- Auto loans, credit cards and personal loans all saw year-over-year...