“Despite a number of positive indicators for households such as rising real wages and historically low levels of unemployment, many remain cautious about committing to big ticket purchases due to a combination of political and economic uncertainty as well as the threat of rising interest rates. This makes for a challenging market for lenders that need to find a way to appeal to borrowers who are increasingly focused on clearing ...
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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. Market
Market
Mintel provides a range of market information across categories including: forecasting and share information; internal and broader market environment information; and the issues that affect the market in question.
The Market – What You Need to Know
Unsecured Debt
Secured Debt
Cost of Debt
Economic Outlook
Write-offs, Repossessions and Insolvencies
Regulatory and Legislative Changes
Advertising and Marketing Activity
Consumer
Consumer
Mintel conducts exclusive and original consumer research for reports, bringing up-to-date and unique insight to topical issues. This research examines the impact of social, economic, cultural and psychological influences on consumers.
The Consumer – What You Need to Know
Types of Credit Held
Value of Unsecured Debt
Changes in Debt Situation
Debt Intentions
Reasons for Taking on Debt
Debt Consolidation
Comfort with Level of Debt
Attitudes towards Debt
Target Group Analysis
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, Abbreviations and Supporting Information
3rd March 2020
“Free credit score access will increasingly become a standard part of the banking app experience. Monzo and RBS are starting to roll out access to their customers, with other banks likely to follow suit as they aim to demonstrate their credentials as responsible and supportive lenders.” 
1st November 2019
“QuickQuid has become the latest payday loan company to disappear from the UK market but while some may welcome its demise, consumers with an urgent need for cash and less than perfect credit history will be looking for alternatives.”
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Addressing concern over the impact of debt on mental health
