European Non-Prime Consumer Credit: Market Overview 2021

This report provides an overview of non-prime (also referred to as sub-prime) consumer credit in Europe

• The publisher estimates the total size of non-prime lending at a total European level and by country, measured as a percentage of total consumer lending.
• The publisher indentifies over 40 lenders setting out our views on their size, positioning and countries of operation
• The publisher summarises the different regulatory arrangements across Europe that result in there being different levels of non-prime lending in each country.
• An overview of the UK market is included, broken down by segment and summarising recent developments.
• The publisher classifies consumer credit as non-prime if the Annual Percentage Rate of interest (including interest and other charges) is over 30%.
• All types of unsecured consumer credit are included but not mortgages.
• The publisher excludeslending to sub-prime customers (including those with poor credit ratings or thin credit history files) at prime interest rates, defined as being below 30%