The TransUnion (NYSE: TRU) Consumer Credit Index (CCI) declined sharply in Q2 2018, marking a decisive change in its upward trend since early 2016, according to a report published by TransUnion South Africa. The decline in the CCI occurred amid ongoing difficult macroeconomic conditions in South Africa. Following a rise in consumer and business confidence...
There is a critical balance that needs to be attained between combating fraud across the lifecycle of a policy, and providing a positive customer experience at all times. This is according to Jonathan Lewarne, Senior Director: Insurance Business Development at TransUnion.
Higher inflation and interest rates are having an adverse effect on the credit health of South Africans, according to TransUnion’s Consumer Credit Index (CCI). The CCI decreased in Q1 2016 to 46.1, down six points from 52.1 the previous quarter.
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