August 11, 2011
Bharatbook added a new Database “UK Consumer Credit Market Outlook: Q3 2010” provides data in PDF and DataPack format which contains information of consumer credit products – unsecured personal loans, credit cards, overdrafts, retail and motor finance.
This latest edition, outlooks for the UK consumer credit market considers how the market has developed over the last quarter and considers the key developments in aspects such as regulation. It also estimates the market performance from 2010 to 2014. ( http://www.bharatbook.com/detail.asp?id=129277&rt=UK-Consumer-Credit-Market-Outlook-Q3-2010.html )
Features and benefits
* Provides data on the size of the UK consumer credit market split by product type, in terms of both gross advances and balances outstanding.
* Estimates the performance of different consumer credit products – unsecured personal loans, credit cards, overdrafts, retail and motor finance.
* Provides scenario for the consumer credit market and two further scenarios – optimistic and pessimistic.
* Includes a complementary interactive Excel model, presenting all of the data in an easily accessible format.
Despite inflationary pressures in the economy, the Bank of England continues to maintain the status quo. Monetary policy is unlikely to shift significantly over the coming months unless economic conditions should alter significantly.Write-offs in unsecured personal loans and credit cards both declined in Q3 2010. Credit card write-offs plummeted from a peak of £2.1bn in Q2 to less than half this amount. They are at the lowest level since Q1 2008, which could indicate that the worst is now over.The economy performed better than anticipated in the third quarter of 2010 with GDP growth outperforming expectations and unemployment hovering around a lower level than previously expected. However, a consistently higher than anticipated level of inflation may result in the Bank of England being forced to act to raise the base rate to compensate.
For more information kindly visit : http://www.bharatbook.com/detail.asp?id=129277&rt=UK-Consumer-Credit-Market-Outlook-Q3-2010.html
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