NYSE:EFXProfessional Services
Equifax (EFX) Flags Stabilizing Consumer Debt, Is A 14% Undervalued View Convincing?
Equifax report on stabilizing U.S. consumer debt
Equifax (EFX) has drawn investor attention after its Market Pulse Second Quarter U.S. Consumer Credit Trends report showed overall U.S. consumer debt balances stabilizing at about US$18.25t, with mortgages and revolving bank card debt playing a central role.
The same report highlighted consistent improvement in delinquencies across automotive, bankcard, and mortgage categories. For investors watching Equifax stock, these shifts in credit...