Tag Archives: credit-risk

Demand for Consumer Debt Rises Says TransUnion

photo © 2009 Adam Baker | more info (via: Wylio)I will boldly go on the record and say that while there have been some fundamental shifts towards minimalism as a result of the economic downturn, those trends will reverse themselves if consumer confidence increases and credit becomes easier to access. I’m not being sanguine here, [...]

I Would Like to Consolidate My Debt, However I’m Having a Difficult Time Finding Someone Who Will – Laurie

Laurie wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

Your Credit is Riskiest if You Live in Mississippi or Texas.

The TransUnion Credit Risk Index, a statistic developed to measure the changes in average consumer credit risk within various geographies, increased 1.98 percent from 124.79 in the fourth quarter of 2008 to 127.26 in the first quarter of 2009. On a year-over-year basis, the Credit Risk Index increased 7.10 percent (from 118.83 in the first [...]