TRU Sep 2024 60.000 call
- Benzinga
Housing Costs And Interest Rates Are Weighing Heavily On Consumer Minds, Study Finds
As inflation concerns hit their highest levels in recent years, American consumers are increasingly worried about housing costs and interest rates, according to a new study issued by TransUnion.The financial services company’s Q2 2024 Consumer Pulse Study found that nearly half Americans rank housing prices and interest rates among their top three financial concerns despite slightly easing overall inflation. Don't Miss: If there was a new fund backed by Jeff Bezos offering a 7-9% target yield wi
- Reuters
Car affordability affecting auto lending market, study shows
U.S. consumers are continuing to hold back on big-ticket purchases and being careful with their spending amid inflationary pressures and the Federal Reserve's monetary policy path. The TransUnion study showed continued declines in auto-loan applications since the pandemic. TransUnion said first-quarter auto delinquencies that are 60 days or more past due date have risen to 1.33% from 1.19% a year earlier.
- GlobeNewswire
As Consumers’ Monthly Debt Loads Increase, Auto Lenders Must Adapt to Manage Risk, Increase Originations
New TransUnion study finds consumer budgets stretched increasingly thin, affecting payment performance for someCHICAGO, June 27, 2024 (GLOBE NEWSWIRE) -- A new TransUnion (NYSE: TRU) study released today found that consumer affordability challenges and tighter lending restraints are impacting new vehicle originations across the auto industry. The study, Originating Auto Loans With Confidence, explored trends in auto originations, consumer savings, debt burdens and credit scores in the pandemic e
