Latest TransUnion study examines new-to-credit consumers
Charts courtesy of TransUnion.
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Thursday, Feb. 9, 2023, 04:14 PM
SubPrime Auto Finance News Staff
Perhaps those new-to-credit consumers — individuals early in their credit journeys — might be some of the best applicants to land in your finance company’s underwriting department. The main finding from a newly released TransUnion global study showed new-to-credit consumers generally perform as well or better than ones with established credit and similar risk scores. […]