"As with other areas of financial services, technology is bringing about radical change in the unsecured lending arena. P2P (peer-to-peer) lenders are challenging traditional lenders with their lower interest rates, online capabilities, and easy access to funds. The target markets for P2P lenders are the segments all lenders want most – Millennials and high-income earners – and there are signs that they are making inroads into those markets. While consumers trust banks ...
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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.
Executive Summary
Market
Market
Mintel provides a range of market information, frequently through the category level, including market size and forecasting, complete with market drivers that illustrate the forces that shape a category or market.
The Market – What You Need to Know
Market Size
Market Breakdown
Market Factors
Consumer
Consumer
Mintel's proprietary consumer research provides our analysts with the attitudinal and behavioral data used to provide valuable insight to topical issues.
The Consumer – What You Need to Know
Who Has Unsecured Debt?
Purpose of Unsecured Loans
Important Factors in Choosing a Lender
Online Loan Activities
Loan Management
Attitudes toward Borrowing
Attitudes toward P2P Lending
Credit Scores
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.
Key Players – What You Need to Know
What’s Working?
What’s Struggling?
What’s Next?
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.
Appendix – Data Sources and Abbreviations
28th November 2016
"Piggybacking on the success of online consumer loans, traditional lenders are beginning to aim at alternative business lenders such as On Deck and Kabbage by offering lending services that offer the same benefits of speed and convenience. While these lenders currently lend only to existing business customers, expect to see ... 
22nd July 2016
"The online lending industry is being challenged by the speed of its own growth as well as the economic landscape. Leading competitors are facing difficulties and the government is poised to get involved by installing regulations that will increase the transparency and stability of the industry. These regulations won't ...
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Rising interest rates
