Nov 08, 2019 (HTF Market Intelligence via COMTEX) -- Consumer Credit Comprehensive Study by Type (Revolving Credit, Installment Credit, Others), Application (Individual, Enterprise, Others) Players and Region - Global Market Outlook to 2024
AMA recently published a detailed study of over 180+ pages in its repository on 'Consumer Credit' market covering interesting aspects of market with supporting development scenario till 2025. The study provides market size break-up by revenue and volume* for emerging countries and important business segments along with commentary on trending factors, growth drivers.
Profiled players in study from the coverage used under bottom-up approach are
BNP Paribas (France)
Citigroup (United States)
HSBC (United Kingdom)
Industrial and Commercial Bank of China (ICBC) (China)
JPMorgan Chase (United States)
Bank of America (United States)
Barclays (United Kingdom)
China Construction Bank (China)
Deutsche Bank (Germany)
Mitsubishi UFJ Financial (Japan)
Wells Fargo (United States)
Consumer credit also known as consumer debt which is a short and intermediate term loans used by individuals to buy goods and services or to refinance debts incurred for such purposes. In industrialized countries includes India, China and Brazil, the consumer credit market is growing rapidly due to maximum number of people earn regular income in the form of fixed wages and salaries. A few credit companies have started adopting the trend of collaborating with alternative lenders, which will help them to expand their footprint and maximize market shares in the upcoming years.
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by Type (Revolving Credit, Installment Credit, Others), Application (Individual, Enterprise, Others)
Over the past few year, factors that have contributed to the development of the Global Consumer Credit market is covered in the research document by studying each micro element at very minute level to identify future growth scenario. Undoubtedly, the most promising market promoter bringing direct and indirect economic benefits to the market sizing. The Consumer Credit market is expected to make a significant contribution with an estimated market to reach USD XXX million by 2025 growing at a CAGR of YY%.
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What's Trending in Market?
Increasing Cash-Back Offers, Frequent Flier Miles and Reward Points
Growth Drivers: Increasing Consumer Inclination towards Purchasing Goods and Services Immediately and Repay the Costs Over Time
The Growing Demand of Consumer Credit in Developing Economies
Restraints: Lack of Consumer Awareness
The dearth of Skilled Professionals and Service Providers in Emerging Nation
View Detailed Table of Content @ https://www.advancemarketanalytics.com/reports/66727-global-consumer-credit-market-1