TransUnion Analysis Uncovers Surprising Truth: Inflation-Adjusted Debt Growth Much Smaller Over the Last Five Years
Despite Overall Debt Growth, Inflation-Adjusted Figures Reveal Declines in Real Balances Across Most Credit Risk TiersCHICAGO, May 22, 2025 (GLOBE NEWSWIRE) -- As consumers grapple with rising costs and high interest rates, recent studies have revealed an increased reliance on credit products to help make ends meet. Despite the seemingly rapid growth in balances, a new analysis by TransUnion (NYSE: TRU) uncovers a more complex reality. According to TransUnion’s newly released Q1 2025 Credit Industry Insight ...