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Wed, 22 Feb 2012 03:00:00 PST |
TransUnion: National Credit Card Delinquencies End 2011 Nearly 5% Lower Than Last Year
CHICAGO, IL (MARKET WIRE) The national credit card delinquency rate (the ratio of borrowers 90 or more days past due) reached 0.78% in the fourth quarter of 2011, a drop of almost 5% from the same period one year ago and continuing well below historical norms. Average credit card debt per borrower increased $239 from the same period last year to $5,204, though it too remains near record-low levels. For the quarter, credit card delinquencies and debt both experienced seasonal increases. This information is reported by TransUnion and is part of its ongoing series of quarterly analyses of credit-active U.S. consumers,
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Tue, 14 Feb 2012 03:05:00 PST |
TransUnion: National Mortgage Loan Delinquencies Increase for Second Time Since 2009
CHICAGO, IL (MARKET WIRE) The national mortgage delinquency rate (the rate of borrowers 60 or more days past due) increased for only the second time since the end of 2009, edging upward to 6.01% at the end of the fourth quarter in 2011. This information is reported by TransUnion and is part of its ongoing series of quarterly analyses of credit-active U.S. consumers and how they are managing credit related to mortgages, credit cards and auto loans.
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Thu, 09 Feb 2012 03:00:00 PST |
TransUnion Rental Screening Data Finds Rental Property Prices Remain Steady, Despite Higher Demand
DENVER, CO (MARKET WIRE) With rental vacancy rates at their lowest levels in 10 years*, a review of TransUnion's proprietary rental screening database found that rental prices remained about the same between the fourth quarters of 2010 and 2011. The average rent for the nation declined from $831 to $820, though the average deposit increased from $269 to $284.** The information was released today in conjunction with the 2012 TransUnion Property Management Summit held in downtown Denver.
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Wed, 14 Dec 2011 03:00:00 PST |
TransUnion Forecasts Auto Delinquencies to Remain at Record Low Levels in 2012
CHICAGO, IL (MARKET WIRE) TransUnion released its annual national auto delinquency forecast today indicating that the ratio of borrowers 60 or more days past due will remain the same between the end of 2011 and 2012. Sixty-day auto loan delinquencies are expected to decrease in the first two quarters of 2012 before rising back to 0.51% at the end of the year, finishing at the same percentage as year-end 2011.
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Wed, 07 Dec 2011 03:02:00 PST |
TransUnion Forecasts Mortgage Delinquencies to Rise, and Then Fall in 2012; Credit Card Delinquencies to Remain Steady
CHICAGO, IL (MARKET WIRE) TransUnion released its annual forecasts today on consumer credit, which indicate that national mortgage loan delinquencies (the ratio of borrowers 60 or more days past due) will decline to about 5% by the end of 2012 from just under 6% at the conclusion of 2011. After six consecutive quarterly declines between Q4 2009 and Q2 2011, 60-day mortgage delinquencies are expected to rise through Q1 2012, peaking at 6.02%. TransUnion forecasts mortgage delinquencies, a statistic generally considered a precursor to foreclosure, to decline for the last three quarters of 2012.
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Thu, 01 Dec 2011 03:00:00 PST |
TransUnion: Canadian Total Debt Stabilizes After 6 1/2 Years of Increases
TORONTO (MARKET WIRE) TransUnion's quarterly analysis of Canadian credit trends found that the average consumer's total debt (excluding mortgage) dropped to $25,594 in the third quarter, marking the third consecutive quarter the variable has either declined or remained stable. Canada had previously experienced 26 straight quarterly increases in average consumer debt between 2Q 2004 and 4Q 2010.
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Mon, 21 Nov 2011 03:05:00 PST |
TransUnion: National Auto Loan Delinquencies Decrease on a Year-Over-Year Basis for Eighth Consecutive Quarter
CHICAGO, IL (MARKET WIRE) The national auto delinquency rate (the rate of borrowers 60 or more days past due) decreased on a year-over-year basis for the eighth consecutive quarter, dropping from 0.58% in Q3 2010 to 0.47% Q3 2011. However, auto delinquencies rose slightly for the quarter, moving up from 0.44% in Q2 2011. This is according to TransUnion and its ongoing series of quarterly analyses of credit-active U.S. consumers and how they are managing credit related to mortgage, credit cards and auto loans.
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Tue, 15 Nov 2011 03:05:00 PST |
TransUnion: National Credit Card Delinquencies Increase, but Remain Near Record Low Levels
CHICAGO, IL (MARKET WIRE) The national credit card delinquency rate (the ratio of borrowers 90 or more days past due) increased in the third quarter for the first time since the fourth quarter of 2009, edging upward to 0.71 percent. Average credit card debt per borrower increased $63 in the quarter to $4,762, though it remains near record-low levels. This information is reported by TransUnion and is part of its ongoing series of quarterly analyses of credit-active U.S. consumers, evaluating how they are managing credit related to mortgages, credit cards and auto loans.
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Tue, 08 Nov 2011 03:00:00 PST |
TransUnion: National Mortgage Loan Delinquencies Increase for First Time Since 2009
CHICAGO, IL (MARKET WIRE) The national mortgage delinquency rate (the rate of borrowers 60 or more days past due) increased for the first time since the end of 2009, edging upward to 5.88% at the end of the third quarter in 2011. This information is reported by TransUnion and is part of its ongoing series of quarterly analyses of credit-active U.S. consumers and how they are managing credit related to mortgages, credit cards and auto loans.
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Wed, 07 Sep 2011 03:00:00 PDT |
TransUnion: Canadians' Debt Loads Appear to Be Stabilizing
TORONTO (MARKET WIRE) TransUnion's quarterly analysis of Canadian credit trends found that the average consumer's total debt (excluding mortgage) continued to stabilize in the second quarter, marking a potential new trend after the country experienced 26 straight quarterly increases between 2Q 2004 and 4Q 2010. Canadians' total debt declined from $25,709 to $25,597 between 4Q 2010 and 1Q 2011 and rose only $6 in the second quarter, coming in at $25,603.
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