Consumers Shifted Credit Payment Behaviors in the U.S. and Other Global Markets as a Result of COVID-19

TransUnion Global Payment Hierarchy Study observes consumer credit behavior in five countries.
TransUnion Global Payment Hierarchy Study observes consumer credit behavior in five countries.
Lease credit approvals reached 70.8% in February; Up slightly from 68% in January.
The bureau released results of a national survey that measures the financial well-being of specific consumer groups as well as the population as a whole. The regulator also announced the release of a new tool designed to allow consumers to measure their level of financial well-being.
Hudson plays Chicken Little as two New York dealers face the wrath of allegedly overcharged customers.
The Consumer Financial Protection Bureau is taking baby steps toward financial literacy, but it remains far from the head of the class.
Transunion projects the auto loan delinquency rate for consumers with payments 60 or more days past due to close the year at 1.4%, the highest level since year-end 2009. Even with this increase, TransUnion said delinquency rates will remain well below levels observed during the last recession.
Expert offers a six-point checklist for dealers who bring past credit challenges to the surety bond application process.
The time to reexamine your fair credit compliance policies and programs has come. Expert identifies five crucial areas of exposure.
Not only do women have higher credit scores and less debt than men, according to a new report from Experian, they are more likely to purchase a more functional, utilitarian vehicle than their male counterparts.
RouteOne Canada has announced that Desjardins Group has joined its auto financing portal. Dealers accredited with the cooperative financial group can access credit services, and process credit applications and finance contracts through RouteOne’s platform.
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