VantageScore CreditGauge™ May 2024: The Credit Gap, Consumer Credit Diverged--Older and More Affluent Borrowers Continued to Spend and Pay on Time as Younger Consumers Increasingly Went De...
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TransUnion (TRU)
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Source: Yahoo! Finance
Overall Early-Stage Delinquencies Rose in May 2024 after Two Months of Sequential Declines; Mortgage Delinquencies Unexpectedly Climbed Gen Z Credit Health Continued to be Impacted by Rising Rents, High Interest Rates and Growing Credit Balances SAN FRANCISCO June 27, 2024 /PRNewswire/ -- VantageScore , a leading national credit-scoring company, today released its May 2024 CreditGauge , a monthly analysis highlighting the overall health of U.S. consumer credit. The average VantageScore 4.0 credit score held steady at a healthy 702 for the third consecutive month. The lowest VantageScore 4.0 credit score is 300, while the highest score is 850. Gen Z consumers (born after 1997) and lower-income consumers experienced an uptick in credit card delinquencies, which rose in May 2024 compared to April 2024 "Among American consumers, the bifurcation in consumer credit health continued, as the younger and less affluent continued to be among the most impacted by continued inflation and hi
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- 4/25/24 - Beat
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- 6/27/24 - Form 8-K
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- 6/24/24 - Form 4
- TRU's page on the SEC website