#3049: TransUnion Study Shows Credit Card Borrowers Reverting to Pre-Pandemic Payment Patterns...

11/1/2022

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TransUnion SVP (Card and Banking Business Leader) Paul Siegfried stopped by the show to share findings from TransUnion's latest study on "U.S. Credit Card Borrowers Are Reverting to Their Pre-Pandemic Payment Patterns.”

Paul explained why this payment pattern is returning and how it will affect credit unions moving forward. He also shared some numbers that illustrate this finding.

As a result of this recent behavior, Paul discussed how it's affecting delinquency activity -- something that never really appeared during the pandemic.

Lastly, he talked about the role of the credit union in this situation and how they can be a resource to help.

Check it out and let us know your thoughts. And be sure to watch the entire episode with Paul below for all the details.

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#3049: TransUnion Study Shows Credit Card Borrowers Reverting to Pre-Pandemic Payment Patterns...

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