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TransUnion Canada Q2 2023 Credit Industry Insights

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Abstract:

Q2 2023 credit market dynamics posed significant opportunities and challenges for consumers, lenders and the broader financial industry. As living expenses fueled a rise in credit demand and utilization, increased debt repayment pressure suggests more cautious growth strategies for lenders focusing on resilient consumers — with greater scrutiny toward higher-risk segments.

Join our live review of the latest consumer credit trends from our Canada Q2 2023 Credit Industry Insights Report (CIIR).

If you're already registered for the TransUnion Canada Q2 2023 Credit Industry Insights webcast, click below:

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Speakers

Matt Fabian

Director, Research and Consulting

TransUnion Canada

Matt Fabian delivers industry insights around the consumer credit marketplace, and risk and lending dynamics facilitating solutions and strategies. He’s a recognized analytics, strategy and marketing innovator with over 25 years of experience driving profitable business growth through the strategic use and monetization of data and analytics. Prior to TransUnion, Fabian held senior roles in strategy and advanced analytics at BMO Financial Group in credit card, insurance and wealth management lines of business, as well as strategic consulting roles at The Polk Company and EuroRCSG. Fabian has contributed numerous articles, speaking appearances and published papers on both practical and strategic use of analytics. He holds a bachelor’s degree with honors in economics, a CPA and CMA designation and is a CFA charter holder.

Simphiwe Gebuza

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TransUnion Canada Q2 2023 Credit Industry Insights
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