Among other findings, TransUnion reported that total auto loan balances grew to $1.12 trillion, about $7 billion higher than the first quarter a year ago. The average balance per customer grew by 1.8% to $18,386, and the delinquency rate jumped from 1.16% to 1.3% year over year.
CardHub: Credit card default at 29-year low While nearly 80% of U.S. consumers have credit cards and we make 20 billion credit card transactions each year (accounting for roughly 13% of the country’s Gross Domestic Product), there’s one thing that’s tough to do with plastic: purchase an investment.Shadow inventory rocked by foreclosure snafu Foreclosure and shadow inventory rates have shown impressive strides in the past year: U.S. foreclosure inventory is down a whopping 35% nationally, and the value of shadow inventory has dropped by $70 billion, according to CoreLogic’s National Foreclosure Report for February, also featuring shadow inventory data as of January.
And now, our five predictions on average consumer debt and serious-delinquency rates: 1. Delinquency rates for auto loans and credit cards are likely to rise in 2017. The combination of 25-basis points rise in Dec 2016 and expected interest rate increase in 2017 along with more subprime borrowers in the consumer lending market will spur.
Q2 2019 TransUnion Industry Insights Report explores latest consumer. mortgages are still the credit product Gen Z consumers are least likely to. Though the consumer serious delinquency rate (90+ Days Past Due, Personal Loan Growth Shifts to Lower Risk Borrowers, Continues at a Slower Rate
The national mortgage loan delinquency rate-the ratio of borrowers 60 or more days past due-is expected to decline to 3.75% by the end of 2014 from an estimated 3.94% at the conclusion of 2013.
The mortgage delinquency rate (the rate of borrowers 60 days or more delinquent on their mortgages) declined for the 10 th consecutive quarter to 3.46% at the end of Q2 2014, according to TransUnion’s.
The most expensive home in the world is priced beyond sanity The pilot was rumored to be the most expensive of all-time (at the time), then the "Battle of Blackwater" in Season 2 was the biggest battle on tv. Since then, the costs have crept up , and up.
My score, according to the dealer was 573 (transunion) I got approved by. Last month (Feb 2014) I went to a different credit union.. Oh by the way score on credit karma shows 614 so it's lower than what the CU shows due to. to pay my car loan while I finish paying off my $3,000 delinquent student loan.
As of Q3 2018, only 3.41% of personal loans are delinquent (60 days or more past due) (source).. Student loans have a lower denial rate (14%) but that's because. Notice how personal loans, auto loans, and mortgage rates follow a. According to a 2016 TransUnion report, in 2015 there were 51 more.
TransUnion Insights: Inside the Mortgage Market The latest Industry Insights Report found that the mortgage delinquency rate (the rate of borrowers 60 days or more delinquent on their mortgages).
Sen. Warren sounds the alarm on irresponsible housing reform The 56-year-old, three-term senator has received less national attention than fellow democratic senators like Kamala Harris (Calif.) and Elizabeth Warren (Mass.), both of whom have already announced.
The VantageScore DRI powered by TransUnion is wholly owned by VantageScore. the true credit quality of a loan pool, obscure meaningful trends, and lead a well-intentioned. In 2014, an automotive investor noticed that the. whole had seen its first upticks in default rates (and therefore the risk level associated with.