
TransUnion
Debt Consolidation in a Rising Rate Economy
Pages
2
Time to read
3 mins
Publication
Language
English

Pages
2
Time to read
3 mins
Publication
Language
English
This analytical report explores the impact of rising interest rates on debt consolidation, focusing on unsecured personal loans and credit card consolidation trends. It highlights consumer behavior, credit performance, and the implications for lenders. Key findings reveal that debt consolidators generally perform better than non-consolidators, making them an attractive market for lenders. The report provides insights into leveraging credit data for targeted marketing strategies.