UK Non-standard Unsecured Personal Loans 2008 - http://www.companiesandmarkets.com adds new report

2008-11-20 03:49:01 - UK Non-standard Unsecured Personal Loans 2008 - a new market research report on www.companiesandmarkets.com

www.companiesandmarkets.com/Summary-Market-Report/UK-Non-standar ..

Introduction

The recent depressions in the financial markets have affected consumer lending significantly, not least in the non-standard segment. As the country´s economy wanes, the number of non-standard individuals is set to increase, but what does this really mean for non-standard unsecured lenders and the related market? This report provides the answers.

Scope

*Sizes the UK non-standard population, the UK unsecured loans market and home collected credit market and presents five year forecasts for each.

*Discusses competition in the UK unsecured loan market and provides market share data for the major competitors in the home collected credit market.

*Gives insight into the future challenges of these markets.

Highlights

With economic growth waning slightly, 2007 brought further increases, spurred on primarily by changes in employment status. As the credit crunch starts to impact the economy, particularly through mortgage defaults and repossessions, the non-standard population looks set to increase dramatically going forward.

The non-standard unsecured loans market recorded yet another subdued performance in 2007 as the cost of lending increased due to the freezing up of the wholesale money markets. The market is now bracing itself for some very difficult challenges as factors that have previously driven this market are declining significantly.

The competitive dynamics of the home collected credit market are set to change, as some lenders seek to reduce exposure while others continue to mop up additional market share. While this market has continued to perform poorly in financial terms, lenders remain upbeat.

Reasons to Purchase

*Understand how the non-standard market is changing and where the new opportunities lie.

*Draw on Datamonitor´s five-year scenario-based forecasts to plan your future strategy with confidence.

*Gives you a competitive edge by providing you with a thorough analysis of the UK non-standard unsecured lending market.