Canadian Credit Market Set to Grow in 2025 Amid Expected Lower Cost of Living and Interest Rates
TransUnion(TRU) GlobeNewswire News Room·2024-11-26 19:00
Key findings from TransUnion report: Number of Canadians with access to credit and total outstanding consumer balances reached new records in the third quarter of 2024, mainly driven by Millennial and Gen Z consumersWith an expectation of subsided inflation and lower interest rates, 2025 forecast projects growth in credit activity and improved performance TORONTO, Nov. 26, 2024 (GLOBE NEWSWIRE) -- More Canadians borrowed and used credit in the third quarter of 2024, as interest rates and inflation continued ...