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.
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
CHICAGO, June 25, 2024 (GLOBE NEWSWIRE) -- TransUnion (NYSE: TRU) will publish its financial results for the second quarter ended June 30, 2024, in a press release to be issued at approximately 6:00 a.m. Central Time (CT) on Thursday, July 25, 2024. The company will hold a conference call on the same day at 8:30 a.m. Central Time (CT) to discuss its financial results. The press release and a live webcast of the earnings conference call will be available on the TransUnion Investor Relations websi