US Credit Climate: 2018 TransUnion Consumer Credit Forecast

Posted by Joachim Bartels | Jan 2, 2018 | ! Homepage Slider, Credit Bureau News, Member News, The BIIA Network, TransUnion, United States | 0 |

Consumer Credit Market Expected to Remain Strong in 2018 Even in a Rising Rate Environment. TransUnion forecast finds mortgage loan delinquency rate may reach lowest level since 2005

In spite of rising interest rates, the U.S. consumer credit market is poised to perform well in 2018, with well-managed delinquencies and continued wide access to credit across all products.

TransUnion’s (NYSE: TRU) 2018 consumer credit forecast found that expected increases to GDP, personal income, total employment and the Housing Price Index, among other factors, will outweigh potential negatives such as increasing interest rates and slowing vehicle sales.

For more information about the 2018 TransUnion forecast please visit www.transunioninsights.com/IIR.

Source: TransUnion Press Release

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Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

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