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TransUnion

Average credit card debt, late payments fall in 1Q

TransUnion, however, has forecast that average credit card debt will rise by roughly 8 percent to $5,446 by the end of this year - the highest level in four years.

Late-payment rate on mortgages tumbled in 1Q

TransUnion, which draws its data from a sample of 27 million consumer records, anticipates the national mortgage delinquency rate will continue to decline in the current quarter to about 4.5 percent.

TransUnion: Late auto-loan payments rose in 4Q

In the fourth quarter, bank auto debt per borrower increased for the seventh consecutive quarter, rising 5.4 percent to $13,747 from $13,045 a year earlier, TransUnion said.

News Summary: Late auto-loan payments rose in 4Q

DELINQUENCY RATE: Credit reporting company TransUnion says that the rate of U.S. auto-loan payments at least 60 days overdue climbed to 0.41 percent in the fourth quarter.

News Summary: Average credit card debt falls in 4Q

HOLIDAY HANGOVER: Credit reporting agency TransUnion says ramped-up holiday season spending likely kept many Americans from making timely payments on their credit cards in the last three months of...

Average credit card debt falls, late payments rise

The average credit card debt per borrower in the U.S. fell 1.6 percent to $5,122 from the last three months of 2011, though it grew 2.5 percent from the July-September quarter, TransUnion said.

Late-payment rate on US mortgages hits 4-year low

The number of mortgages gone unpaid two months or more climbed 54 percent in 2007 from the previous year, increased 53 percent in 2008 and rose 50 percent in 2009, according to TransUnion.

News Summary: Disputing errors on a credit report

WHAT TO DO: Get a copy of your report from the credit bureaus, Equifax, Experian and TransUnion.

TransUnion: Late auto-loan payments rose in 3Q

"Based on the data, this looks like it's attributed to really just the seasonal factors," said Peter Turek, a vice president of TransUnion's financial services business unit.

Late auto-loan payments up slightly for third quarter

"Based on the data, this looks like it's attributed to really just the seasonal factors," said Peter Turek, a vice president of TransUnion's financial services business.

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