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TransUnion 2025 Consumer Credit Forecast Points to Moderating Credit Card Balance Growth and Slower Delinquency Gains
TRUTransUnion(TRU) GlobeNewswire News Room·2024-12-11 13:00

CHICAGO, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Following four years of increases in credit card balances and delinquencies, a new TransUnion (NYSE: TRU) consumer credit forecast projects a slowdown in growth for both metrics by the end of 2025. TransUnion’s forecast also examined the state of delinquency in 2025 for auto loans, unsecured personal loans and mortgages. The forecast highlights the outlook for credit cards as this credit product is by far the most widely used in the U.S. In Q3 2024 (latest data ava ...