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26
September
2023
| 10:00 Asia/Ulaanbaatar

Understanding Changing Credit Consumer Profiles Through the Power of Data

Demand for credit products in the Philippines continues to growPersonal loans are gaining ground on credit cards in terms of demand55% of all new credit application inquiries came from outside the National Capital RegionNew-to-Credit consumers seen …
25
July
2023
| 09:00 Asia/Ulaanbaatar

Filipinos Look To Take Greater Charge of Personal Finances as National Economy Continues Recovery

Despite slightly worsened household financial situations reported, economic improvement is gradually lifting consumer sentiment, with more Filipinos optimistic of their personal finances changing for the better in the next yearMore Gen Z Filipinos …
05
July
2023
| 12:30 Asia/Ulaanbaatar

TransUnion Study Finds Major Gaps in Unbanked Filipinos’ Credit Knowledge

Survey of Filipinos shows a correlation between knowledge and trust in credit products, underscoring the importance of boosting financial literacy to bring more people into formal financial systemsUnbanked Filipinos rate their knowledge of credit …
15
June
2023
| 07:00 Asia/Ulaanbaatar

TransUnion Study Finds that More than Half of New-to-Credit Consumers in the Philippines Gain Access to Credit at First Application

Personal loans are the first product of choice among Philippine’s new-to-credit consumers, followed by credit cardsFilipino new-to-credit consumers are held back from leveraging credit due to fears of losing control of personal finances and debt …
31
March
2023
| 10:30 Asia/Ulaanbaatar

TransUnion Report Finds Digital Fraud Attempts Fall 18% in the Philippines but Rise 80% Globally From Pre-Pandemic Levels

Global information and insights company and the Philippines’ first comprehensive private credit reference agency TransUnion (NYSE: TRU) has today released a new 2023 State of Omnichannel Fraud Report that examines digital fraud trends and prevention …
10
January
2023
| 14:00 Asia/Ulaanbaatar

Filipinos Upbeat on Income Growth but Much Less So on National Economy in 2023

Latest TransUnion Consumer Pulse Study shows that the majority of Filipinos expect their income to increase in 2023, but fears of recession grow. Filipinos plan to cut back on spending and build up savings amid rising inflation and a potential …