CCI

Recession to Blame for Sharp Decline of Consumer Credit Index - TransUnion

By Janice Roberts

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...