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Stock impact report

People's incomes are catching up with their debt [Yahoo! Finance]

TransUnion (TRU) 
Last transunion earnings: 4/28 06:50 am Check Earnings Report
US:NYSE Investor Relations: investors.transunion.com
Company Research Source: Yahoo! Finance
U.S. consumers collectively owe an eye-popping $1.17 trillion in credit card debt — a record — according to estimates the Federal Reserve Bank of New York released this week . But while there are still major financial risks for carrying hefty balances, the researchers said the data suggests that “rising debt burdens remain manageable” for the typical consumer. It's a finding that might surprise voters fresh off an election in which a majority handed the federal government back to Republicans out of economic ire . But while major, chronic household costs continue to squeeze millions of families — especially those scraping by on lower incomes — President-elect Donald Trump is inheriting a robust overall economy fueled by consumers who keep on spending What's more, many are doing so without much serious financial fallout. A separate report this week from the credit rating agency TransUnion found that the growth in credit card delinquencies is slowing down, falling from 2.43% in the Show less Read more
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