To better understand the impact of a fed interest rate increase, TransUnion analyzed which consumers would be impacted as well as those that cannot absorb their new monthly payment. Our study found that 92 million credit-active consumers are impacted but of those, only 9.3 million consumers do not have capacity to absorb this increase. For more information on this study, visit transunioninsights.com/interestrates
Understand which consumers are exposed to a payment shock