The pool of consumers potentially falling into the subprime credit tier might grow by nearly 6 million individuals based on the trends connected with student loans recently highlighted by TransUnion.
Corrections & Clarifications: This story has been updated to correct a misspelled name provided by TransUnion. Its senior vice president and head of consumer lending is Joshua Turnbull. Another credit ...
Despite a strong employment picture, TransUnion acknowledged some consumers are still struggling financially due to elevated inflation and higher than normal interest rates. TransUnion also pointed ...