TransUnion's stock is experiencing a decline today, potentially influenced by concerns over the impact of missed student-loan payments on super-prime borrowers. According to data compiled by TransUnion, consumers with credit scores above 780 are expected to see their scores drop by an average of 129 points when late student-loan payments are reported starting in January. This significant decrease could affect consumers' ability to access additional credit, which may have broader implications for lenders and the credit market.
Additionally, the market is reacting to broader economic uncertainties, including potential trade tariffs mentioned by President-elect Donald Trump. These factors may be contributing to the cautious sentiment surrounding TransUnion's stock.
TransUnion's stock is currently priced at $99.90, down 1.58% from its previous close of $101.50, and has decreased by 0.83% from its opening price of $100.73.