Webinar

Q2 2024 Credit Industry Insights

Emerging consumer credit trends and insights from your trusted advisor on the Canadian credit industry.

Sign up to watch our on-demand webinar covering what consumer credit trends revealed in TransUnion’s latest Credit Industry Insights Report (CIIR). Key topics included:

Total credit debt reached a historic $2.41 trillion, with 74% of mortgages held by consumers with strong credit scores
Balance growth led to higher monthly payment obligations; specifically, mortgage payments increased 14% YoY due to high interest rates
Serious consumer delinquency rates rose 22 bps YoY to 1.74%, but future relief is expected from decelerating inflation and interest rate cuts

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Q2 2024 Credit Industry Insights

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