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Consumer Lending in the US Product Image

Consumer Lending in the US

  • Published: April 2014
  • Region: United States
  • 10 pages
  • First Research

First Research is the leading industry intelligence company that helps sales teams perform faster and smarter, open doors, and close more deals. First Research performs the heavy lifting" by synthesizing hundreds of sources into an easy to digest format that a sales person can consume very quickly to better understand a prospect's business issues."

Brief Excerpt from Industry Overview Chapter:

Companies in this industry make unsecured cash loans to consumers. Major companies include Cash America, DFC Global, EZCORP, and Sallie Mae (all based in the US), as well as Provident Financial and Tesco Personal Finance (both based in the UK) and Orient Corporation (Japan).

Consumer lending companies generally do business locally or within their country of origin, but globalization and greater access to the Internet are spurring companies to pursue international growth. Many US-based companies operate in Mexico, Canada, Europe, Australia, and the UK. Some companies operate online lending websites that can reach customers around the globe.

The US consumer lending industry consists of about 3,500 companies with combined annual revenue of about $35 billion.

COMPETITIVE READ MORE >

Industry Overview
Quarterly Industry Update
Business Challenges
Business Trends
Industry Opportunities
Call Preparation Questions
Financial Information
Industry Forecast
Web Links and Acronyms

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