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,...