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-0.00101557210561954 -0.00101557210561954 -0.000406228842247815 0.000609343263371722 -0.00216655382532174 -0.00541638456330407 -0.00487474610697359 -0.00379146919431281
Stock impact report

1.2 Million More Americans Became 'Subprime Borrowers' In The Past Year, With The Total Number Approaching 50 Million [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
to a recent analysis by Money.com of data released by VantageScore. This surge brings the total number of Americans in this category to over 47 million as of February 2024. The latest VantageScore models score approximately 94% of all adults 18 and older, meaning nearly 20% of all borrowers now fall into the subprime tier. Don't Miss: Investing in real estate just got a whole lot simpler. This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, and you only need $100. Passive income investments are one of the most trusted methods for riding out a recession, so it's no surprise that people are turning to these high-yield real estate notes that pay a fixed 7.5% – 9%. Subprime borrowers are individuals with credit scores ranging from 300 to 600, indicating a higher risk to lenders. This classification can have significant implications for their financial lives, making it challenging to obtain loans, secure affordable interest rates and even impact Show less Read more
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