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01
March
2018
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As Canadian consumer debt continues to rise, TransUnion’s (NYSE: TRU) latest Canada Industry Insights Report found that Millennial and Gen Z borrowers are playing leading roles in this growth. Average consumer non-mortgage debt balances rose 4.3% …
30
November
2017
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A combination of a slight cooling off of the Canadian economy and the effect of increases in interest rates may apply some pressure to overall consumer credit performance in 2018. Despite these obstacles, findings from TransUnion’s (NYSE: TRU) …
22
August
2017
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Average mortgage loan balances rose nearly 5% in the last year to $198,781 at the mid-point of 2017, according to TransUnion’s (NYSE: TRU) latest Canada Industry Insights Report. Serious consumer delinquency rates (60 days or more past due) for …
21
June
2017
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Consumers in major Canadian markets outside of oil-rich provinces led the nation’s strong credit performance in the first quarter of 2017, according to TransUnion’s (NYSE: TRU) latest Canada Industry Insights Report. Canada’s average consumer …
08
March
2017
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The number of open and active credit cards in use by Canadians declined by over 800,000 during the course of 2016, according to TransUnion’s (NYSE: TRU) latest Canada Industry Insights Report. Despite fewer credit cards in the marketplace, more …
22
February
2017
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New research across global markets from TransUnion (NYSE:TRU) has found that those consumers who make payments in excess of the minimum due are consistently less risky across multiple credit products. TransUnion’s research, which analyzed …