Press release
Personal Loans Market May see a Big Move | Major Giants LightStream, Citizens Bank, Marcus, Freedom Plus
A latest survey on Covid-19 Impact on Global Personal Loans Market is conducted to provide hidden gems performance analysis. The study is a perfect mix of qualitative and quantitative information covering market size breakdown of revenue and volume (if applicable) by important segments. The report bridges the historical data from 2014 to 2019 and forecasted till 2025*. The outbreak of covid-19 in global market haves made companies uncertain about their future secario as the prolonged lock-down finds serious economic slump. Some are the key & emerging players that are part of coverage and have being profiled are LightStream,SoFi,Citizens Bank, Marcus,FreedomPlus,Payoff,OneMain Financial,Avant,Prosper,Lending Club,Best Egg,Earnest,Payoff,Earnin.Click to get Covid-19 Impact on Global Personal Loans Market Research Sample PDF Copy Here @: https://www.htfmarketreport.com/sample-report/2680453-covid-19-impact-on-global-personal-loans-market
If you are involved in the Covid-19 Impact on Global Personal Loans industry or intend to be, then this study will provide you comprehensive outlook. It’s vital you keep your market knowledge up to date segmented by major players. If you have a different set of players/manufacturers according to geography or needs regional or country segmented reports we can provide customization according to your requirement.
In 2018, the number of personal loan accounts rose to 19.5 million. An increase of 12.5% from 2017 (source). Subprime originations grew 28% between Q2 2017 and Q2 2018. In contrast, originations for subprime borrowers dropped by 7.1% between 2016 and 2018.Has the personal loan boom reached its peak? SuperMoney?s 2019 personal loans industry study will answer that question while also providing a detailed look at the consumer lending sector as a whole. Let?s get started.Personal loans, also known as consumer loans or installment loans, are closed-end uncollateralized sources of credit. This means that, unlike mortgages and most auto loans, they don?t require collateral. And unlike credit cards, they have fixed payments for a specific period of time. Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Personal Loans market in 2020. COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future. This report also analyses the impact of Coronavirus COVID-19 on the Personal Loans industry. Based on our recent survey, we have several different scenarios about the Personal Loans YoY growth rate for 2020. The probable scenario is expected to grow by a xx% in 2020 and the revenue will be xx in 2020 from US$ xx million in 2019. The market size of Personal Loans will reach xx in 2026, with a CAGR of xx% from 2020 to 2026. With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Personal Loans market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Personal Loans market in terms of revenue. Players, stakeholders, and other participants in the global Personal Loans market will be able to gain the upper hand as they use the report as a powerful resource. For this version of the report, the segmental analysis focuses on revenue and forecast by each application segment in terms of revenue and forecast by each type segment in terms of revenue for the period 2015-2026. Regional and Country-level Analysis The report offers an exhaustive geographical analysis of the global Personal Loans market, covering important regions, viz, North America, Europe, China, Japan, Southeast Asia, India and Central & South America. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. The report includes country-wise and region-wise market size for the period 2015-2026.
Competition Analysis:
With the drastic change in consumers behavior, firms and brands are curious to understand the implications for their products and services. Some of key competitors or manufacturers included in the study are LightStream,SoFi,Citizens Bank,Marcus,FreedomPlus,Payoff,OneMain Financial,Avant,Prosper,Lending Club,Best Egg,Earnest,Payoff,Earnin.
Market Analysis by Types: , Below 5000 USD, 5000-50000 USD & Above 50000 USD
Market Analysis by Applications: Below 1 years, 1-3 years & Above years
Quantitative Data:
Market Data breakdown by key geographies, Type & Application/End-users
• Covid-19 Impact on Personal Loans Market Revenue & Growth Rate by Type [, Below 5000 USD, 5000-50000 USD & Above 50000 USD] (Historical & Forecast)
• Covid-19 Impact on Personal Loans Market Revenue & Growth Rate by Application [Below 1 years, 1-3 years & Above years] (Historical & Forecast)
• Covid-19 Impact on Personal Loans Market Revenue & Growth Rate by Each Region Specified (Historical & Forecast)
• Covid-19 Impact on Personal Loans Market Volume & Growth Rate by Each Region Specified, Application & Type (Historical & Forecast)
• Covid-19 Impact on Personal Loans Market Revenue, Volume & Y-O-Y Growth Rate by Players (Base Year)
Enquire for customization in Report @ https://www.htfmarketreport.com/enquiry-before-buy/2680453-covid-19-impact-on-global-personal-loans-market
Important Features that are under offering & key highlights of the Covid-19 Impact on Personal Loans market report:
1. Why lots of Key players are not profiled in Study?
--> The study is conducted by collecting data of various companies from the industry, and the base for coverage is NAICS standards. However, the study is not limited to profile only few companies. Currently the research report is listed with players like LightStream,SoFi,Citizens Bank,Marcus,FreedomPlus,Payoff,OneMain Financial,Avant,Prosper,Lending Club,Best Egg,Earnest,Payoff,Earnin.
2. Do Scope of Market Study allows further Segmentation?
---> Yes, for a deep dive we do provide add-on segmentation in premium version of report to better derive market values. The standard version of this report covers segmentation by Application [Below 1 years, 1-3 years & Above years], by Type [, Below 5000 USD, 5000-50000 USD & Above 50000 USD] and by Regions [North America, Europe, Asia-Pacific etc]
3. What value addition does Country landscape will provide?
---> In the premium version of report, two-level of regional segmentation allows user to have access to country level break-up of market Size by revenue and volume*
* Wherever applicable
Buy Single User License of Covid-19 Impact on Global Personal Loans Market Size, Status and Forecast 2020-2026 @ https://www.htfmarketreport.com/buy-now?format=1&report=2680453
HTF MI also provides customized specific regional and country-level reports for the following areas.
• North America: United States, Canada, and Mexico.
• South & Central America: Argentina, Chile, and Brazil.
• Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa.
• Europe: the United Kingdom, France, Italy, Germany, Spain, and Russia.
• Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, and Australia etc.
Browse for Full Report at @: https://www.htfmarketreport.com/reports/2680453-covid-19-impact-on-global-personal-loans-market
Actual Numbers & In-Depth Analysis, Business opportunities, Market Size Estimation Available in Full Report.
Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
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About Author:
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.
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