Gross Lending Amounted to
DUBLIN, Ireland--Research and Markets (http://www.researchandmarkets.com/reports/c58691) has announced the addition of "UK Personal Lending 2007 (Review Report)" to their offering.
Following a muted performance in 2005, the consumer credit market delivered a worse performance in 2006. Indeed, after more than a decade of strong growth, the consumer credit market has now slowed. Moreover, to add to their woes, lenders are facing a number of other challenges. So, what lies ahead for unsecured lenders?
Scope of this title:
Covers unsecured personal loans, credit cards, overdrafts, motor finance and retail finance in the UK. Focus is on unsecured personal loans Provides forecasts under 3 different scenarios for the consumer credit market as a whole as well as for individual product lines Gives market share figures as at H1 2006 for leading personal loan providers and examines the latest competitor developments shaping the market Focuses on a number of hot issues in the unsecured lending market, such as student lending, customer acquisition, and pricing.
Highlights of this title:
Constrained by various factors such as a weaker labor market, increasing consumer debts and low consumer confidence, gross lending amounted to 207.8 billion at the end of December 2006, representing a contraction of 4.5 per cent on the 2005 level (217.5 billion). Overdrafts are an important income stream for banks, especially as current accounts are not particularly profitable in themselves. However, overdrafts are receiving increased regulatory. While regulation is working towards serving the consumer better, it is likely that the end result will see banks lose a part of this income stream. Going forward, the challenges being faced by unsecured personal lenders suggest that many will be willing to place more emphasis on increasing their profitability, even if that means sacrificing volume. Indeed, the lending environment is only going to get tougher and the issue of high levels of personal indebtedness is not going to disappear.
Reasons to order your copy:
Gain access to the latest market sizing and forecasting data for the consumer credit market to place your performance in context to the markets Gain insight into how your competitors are responding to the various issues facing the unsecured lending sector Receive updated market share data to tell you how your company compares to your closest rivals.
For more information visit http://www.researchandmarkets.com/reports/c58691
Source: Datamonitor
Contacts
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
Fax: +353 1 4100 980
Following a muted performance in 2005, the consumer credit market delivered a worse performance in 2006. Indeed, after more than a decade of strong growth, the consumer credit market has now slowed. Moreover, to add to their woes, lenders are facing a number of other challenges. So, what lies ahead for unsecured lenders?
Scope of this title:
Covers unsecured personal loans, credit cards, overdrafts, motor finance and retail finance in the UK. Focus is on unsecured personal loans Provides forecasts under 3 different scenarios for the consumer credit market as a whole as well as for individual product lines Gives market share figures as at H1 2006 for leading personal loan providers and examines the latest competitor developments shaping the market Focuses on a number of hot issues in the unsecured lending market, such as student lending, customer acquisition, and pricing.
Highlights of this title:
Constrained by various factors such as a weaker labor market, increasing consumer debts and low consumer confidence, gross lending amounted to 207.8 billion at the end of December 2006, representing a contraction of 4.5 per cent on the 2005 level (217.5 billion). Overdrafts are an important income stream for banks, especially as current accounts are not particularly profitable in themselves. However, overdrafts are receiving increased regulatory. While regulation is working towards serving the consumer better, it is likely that the end result will see banks lose a part of this income stream. Going forward, the challenges being faced by unsecured personal lenders suggest that many will be willing to place more emphasis on increasing their profitability, even if that means sacrificing volume. Indeed, the lending environment is only going to get tougher and the issue of high levels of personal indebtedness is not going to disappear.
Reasons to order your copy:
Gain access to the latest market sizing and forecasting data for the consumer credit market to place your performance in context to the markets Gain insight into how your competitors are responding to the various issues facing the unsecured lending sector Receive updated market share data to tell you how your company compares to your closest rivals.
For more information visit http://www.researchandmarkets.com/reports/c58691
Source: Datamonitor
Contacts
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
Fax: +353 1 4100 980
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