Leasing Normalizes, Partly Due to EV Transactions
Volume reached near prepandemic levels in the second quarter.
Volume reached near prepandemic levels in the second quarter.
Compared to millennial cohort a decade ago, they’re tapping credit more and have higher delinquency rates, report found.
TransUnion research finds a lack of inventory and low interest rates turned consumers away from leasing new cars and trucks over an 11-month period.
Report shows those 60 days or more overdue reached 10-year high.
Q3 2022 TransUnion Credit Industry Insights Report explores latest credit trends.
Recent data points to more auto borrowers struggling to keep up with loans, but default rates remain below pre-pandemic levels.
Q2 2022 TransUnion Credit Industry Insights Report explores latest credit trends.
Despite challenges, TransUnion’s Credit Industry Insights Report shows consumer health and demand for new vehicles remains strong.
Q1 2022 TransUnion Credit Industry Insights Report explores latest credit trends.
With consumer credit performance maintaining healthy levels across auto, credit card, personal loans and mortgages, lenders continued to ramp up new account origination growth in the non-prime segment of the market near the end of 2021.
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