Rising Inflation Impacting Non-Prime Borrowers Most, Though Many Consumers Proving to be Resilient under Challenging Circumstances
New TransUnion study explores consumer resiliency amid rising inflation
Chicago, May 4, 2022 – As rapidly rising gasoline, energy and utility prices, among other factors, drive inflation to levels not seen since the 1980s, non-prime borrowers – those consumers with the riskiest credit profiles – have generally experienced the greatest impact to their wallets. A new TransUnion (NYSE: TRU) study, “