“Many financial services providers, such as credit card issuers and home equity loan providers, have traditionally focused their business models on encouraging consumers to spend money. However, a more appropriate model that meets the goals of consumers in these days of household financial responsibility may be to help consumers find ways to help themselves spend less, save more, and avoid incurring further debts.”
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Overview
Overview
This report provides in-depth analysis and insight supported by a range of data. At the same time, introductory and top-level content is provided to give you an overview of the issues covered.
Scope and Themes
Executive Summary
Issues in the Market
Trend Applications
Market
Market
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Current Economic Environment
Consumers and Household Debt
Innovations and Innovators
Consumer
Consumer
Mintel's proprietary consumer research provides our analysts with the attitudinal and behavioral data used to provide valuable insight to topical issues.
Consumer Optimism about Household Finances
Attitudes toward Finances and Debt
Types of Consumer Debt—Overall and by Gender
Attitudes about Debt by Gender
Types of Consumer Debt by Age
Attitudes about Debt by Age
Types of Consumer Debt by Household Income
Attitudes about Debt by Household Income
Types of Consumer Debt by Race/Hispanic Origin
Attitudes About Debt by Race/Hispanic Origin
Cluster Analysis
Brand/Company
Brand/Company
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Data
Data
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Appendix – Types of Consumer Debt by Risk Score
Appendix – Attitudes about Debt by Risk Score
28th April 2015
"Debt is seriously hampering Millennials' efforts to get ahead financially. While online and mobile debt management tools abound, sometimes a personal relationship is the best way for them to get ahead." 
7th March 2014
“Economic indicators are showing that consumers are increasingly optimistic and willing to spend. This is good news for a large number of industries.”
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Millennials are looking for advice and online tools
