Despite a recent increase in residential mortgage and auto vehicle lending, consumers remain cautious about taking on new loans, while lenders remain cautious about extending new credit. Consumers are particularly reluctant to borrow on their credit cards or against the equity in their homes to finance spending. At the same time, the explosive growth in student loans may prevent consumers from saving as much as they need for retirement.”
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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. 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 Types of Debt in Household
Consumer Household Financial Situation
Total Amount of Unsecured Debt
Credit Card Activity and Usage
Attitudes toward Personal Debt Situation
Debt and the Financial Future of the Household
Interest in Debt Assistance
Brand/Company
Brand/Company
Mintel provides overviews of the top brands and manufacturers, and uses consumer research to explore attitudes and reactions to brands, as well as insight into what will resonate with consumers.
Innovations and Innovators
Marketing Strategies
Data
Data
Reports provide appendices of data to support the research and insight produced. Our tables of data are easily manipulated and downloadable to support your research needs and covers factors from consumer attitudes to market forecasts.
Current Economic Environment
Consumers and Household Debt
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."
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How are consumers responding to their current levels of debt, and what are their plans for incurring more debt?
