High-cost credit: UK market profile and forecasts

DUBLIN, Ireland, November 22, 2013 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/l7733q/highcost_credit) has announced the addition of the "High-cost credit: UK market profile and forecasts" report to their offering.

High-cost credit has grown at rapid rates over the last few years with payday loans and pawnbroking being particularly dynamic segments.

Lenders are often criticised for charging high rates of interest to low-income consumers. They are also frequently praised for offering credit to those who cannot obtain it from other sources and giving them an alternative to illegal loan sharks.

This report aims to probe beneath these two viewpoints, explore the factors which have driven the high rates of growth and provide a view on how likely it is to continue in the future.

This market report combines all the findings and analysis from the four separate reports produced by Apex Insight which review each of the main markets which go to make up the UK high-cost credit industry:

- Online payday loans
- Pawnbrokers & money shops
- Home credit
- Rent-to-buy retail

This report is therefore designed for clients with an interest in all of these markets.

Key Topics Covered

The report quantifies the market sizes, historical growth rates, segmentation patterns and levels of industry profitability while reviewing key factors behind these figures. It also carries out an in-depth analysis of the relevant drivers of industry growth - in particular the macroeconomic environment, trends in lending, the regulatory environment and other specific factors influencing this market such as the gold price - setting out historical trends and available forecasts.

The forecast for industry growth by segment is based on this analysis of historical trends and growth drivers.

Who is it intended for?

- Pawnbrokers
- Payday loan companies
- Home credit companies
- Rent-to-buy retailers
- Investors in those sectors
- Banks
- Consultants
- Government and regulatory bodies

Sources and Methodology

This report is based on:

- Interviews with senior-level contacts across the high-cost credit market
- Extensive research into published industry sources
- In-depth analysis of the macroeconomic environment and relevant market drivers
- Financial analysis of the accounts of companies in the industry.

Information from these sources has been synthesised and presented clearly and concisely with extensive use of charts and tables to illuminate points and support conclusions.

Market forecasts have been constructed using simple assumptions which are clearly stated. Supporting evidence is provided for our assumptions but readers can easily flex them to model alternative scenarios.

Companies Mentioned

- Albermarle & Bond Jewellers & Pawnbrokers
- BrightHouse
- Buy As You View Holdings
- Cash America International Inc.
- Cash Generator
- Cash converters (UK) holdings Plc.
- Cheque Centres
- DFC Global Corp.
- Greenwood Personal Credit
- H & T Group Plc.
- Homebuy / Cobco 834
- Instant Cash Loans trading as The Money Shop
- Loansathome4U
- MEM Consumer Finance
- Morses Club
- Mutual Clothing & Supply
- Payday Express
- PaydayUK
- Perfect Home Holdings
- Provident Financial Plc
- QuickQuid
- S & U Plc
- Shopacheck
- The Money Shop
- Wage Day Advance
- Welcome Financial
- Wonga.Com

For more information visit  http://www.researchandmarkets.com/research/l7733q/highcost_credit

Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Banking and Financial Services