Big gains for all four credit sectors in Q2 2021
The Q2 2021 data is out, and it points to a strong recovery for the financial services industry, according to the TransUnion Q2 2021 Quarterly Credit Industry Insights Report (CIIR).
As we hit the mid-point of 2021, we saw a resurgence across all sectors, with auto, credit card, personal loan and mortgage showing signs of life. Financial institutions are returning to lending and extending credit, and originations were up in both mortgage and auto, with personal and credit card narrowing the gap.
On the road to recovery
TransUnion has expanded our traditional CIIR and we’re now providing the Credit Industry Indicator (CII), which offers new insights on credit activity and the financial performance of US consumers.
