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Stock impact report

Nearly two-thirds of Canadians Say Household Income Negatively Impacted by COVID-19

TransUnion (TRU) 
Last transunion earnings: 4/28 06:50 am Check Earnings Report
US:NYSE Investor Relations: investors.transunion.com
Company Research Source: GlobeNewswire
TransUnion unveils research assessing pandemic’s effect on consumer finances Nearly two-thirds (64%) of Canadian household incomes surveyed negatively impacted by COVID-19, a 6% increase compared to the prior weekCanadians financially affected indicate it was due to either a reduction in working hours (30%), losing their job (25%), or a partner losing his/her job or having reduced work hours (24%)Of those impacted, 67% continue to be concerned about their ability to pay bills and loans – down slightly from 70% the prior weekImpacted Canadians said they will not be able to pay credit card debt (53%), followed by rent (42%), utilities (39%)36% of surveyed Canadians are reaching out to lenders to discuss payment options TORONTO, April 15, 2020 (GLOBE NEWSWIRE) -- TransUnion’s second weekly study looking at the impact of COVID-19 on consumer finances in Canada, reveals consumers continue to feel financially strained as a result of this pandemic, more so than the previous week. Show less Read more
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