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15
April
2020
|
12:00
Europe/Amsterdam
Nearly two-thirds (64%) of Canadian household incomes surveyed negatively impacted by COVID 19, a 6% increase compared to the prior week
Canadians financially affected indicate it was due to either a reduction in working hours (30%), losing their …
08
April
2020
|
19:25
Europe/Amsterdam
Nearly three out of five Canadians (57%) said their household income has been negatively impacted by the COVID-19 pandemic. The newly released research from TransUnion (NYSE: TRU) found that an additional 10% of Canadian adults said they expect …
10
March
2020
|
10:45
Europe/Amsterdam
Delinquency and insolvency rates rise: Overall consumer-level serious delinquency rate in Canada rose 37 basis points to 5.61% and insolvency rates were up 11.5%, compared to the same period a year ago
Overall non-mortgage debt level …
24
February
2020
|
15:25
Europe/Amsterdam
FinTechs are not just attracting younger Canadians: 46% of FinTech borrowers are over the age of 40
Short-term loans are not the primary focus for FinTechs: 88% of FinTech loan terms are between 13-60 months
FinTechs are not just catering to …
04
February
2020
|
12:00
Europe/Amsterdam
Nearly 1.8 million Canadian Gen Z consumers now credit active
Credit cards are the most widely held product among credit active Gen Z consumers, followed by student loans and personal loans
Although starting from a very low base, mortgages, …
09
December
2019
|
12:00
Europe/Amsterdam
TransUnion’s 2020 consumer credit forecast anticipates marginal credit balance growth and broadly stable delinquencies with pockets of stress on certain consumer segments
As 2019 draws to a close, overall credit card balances reached a record …