Research and Markets: Gain Valuable Insight into What Personal Loan Providers in the UK23 August 2005
Research and Markets (http://www.researchandmarkets.com/reports/c22584) has announced the addition of UK Personal Loan Distribution 2005 to their offering.
Within the personal loan market, certain distribution channels have performed better than others. Why have some channels grown well and others declined? What are the challenges to distribution and how will this market look in five years time? This report provides the key answers to how personal loan providers can improve their presence in the direct and indirect market.
Scope
-- Sizes distribution channels for both secured and unsecured personal loans, examining the causes and trends behind these findings
-- Sizes the intermediary market and looks at the performances of the main lenders within this distribution channel
-- Gives insight into the future of personal loan distribution and how lenders could respond to current challenges
Highlights
-- Direct distribution leads the way in terms of the sale of personal loans. In 2004, GBP 57.4 billion was advanced through direct channels, while only GBP 4.8 billion was sold through indirect means.
-- The use of the Internet for personal loans has been increasing each year. We estimate that in 2004, online distribution constituted approximately 8.5 per cent of the total personal loan market, equivalent to GBP 5.6 billion in total advances.
-- As an increasing number of mainstream lenders enter the secured loan market, we believe that direct distribution will play a greater role. In fact, our forecasts show that direct distribution will grow from 29.0 per cent in 2004 to 33.5 per cent by 2009f.
Reasons to Read:
-- Understand the intricacies of personal loan distribution, and how major players manage to succeed
-- Learn more about how intermediaries choose their main lenders and what it takes to become a top lender
-- Gain valuable insight into what personal loan providers can do to ensure their future position in the market
For more information visit http://www.researchandmarkets.com/reports/c22584.
Contacts
Research and Markets
Laura Wood
press@researchandmarkets.com
Fax: +353 1 4100 980
Source: Business Wire
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