Consumers can expect a spike in lending and greater access to credit in the first half of 2021, TransUnion predicts

Consumers might be able to anticipate having more access to credit cards[1] and personal loans[2] through the first half of 2021 than they did amid the onset of the pandemic, according to TransUnion’s annual consumer credit forecast[3] released today. The dramatic slowdown of lending that we saw in the second quarter of 2020 is expected to rebound in Q2 2021,...

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Advance America: The Quick and Dirty Guide to Understanding Credit Scores

LOS ANGELES – October 23, 2020 – ( Newswire.com[1] ) A good credit score allows people to buy their dream homes, rent nice apartments, get better terms on debt, and even secure employment in some industries, improving one’s overall financial wellness[2]. But it’s often difficult to determine why someone’s credit score moves up or down. Once you know what credit...

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