Consumer Lending in the US - New Report Available
Over the review period, consumer lending has steadily shown signs of improvement. In 2015, auto and card gross lending led growth within consumer lending and consumers are once again confident, a fact which is reflected in the level of growth in these areas. Mortgage/housing and education loans remain the largest areas in outstanding balance terms in the US. However, mortgage/housing is already showing some signs of recovery, mainly driven by rising incomes, moderate unemployment rates, and...
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