Chart showing few gains forecast in consumer credit in 2022

TransUnion said it expects lenders to originate a few more consumer loans in 2022 than they will originate this year.

A report from the Chicago credit rating agency Wednesday said it expects lenders to originate 116.7 million loans for automobiles, credit cards and personal loans in 2022, only 0.6% more than this year.

For 2021, it said it expects 116 million total originations, up 25% from 2020 and nearly the 116.5 million originations of 2019.

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Jim DuPlessis

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