UK Consumer Credit Market Outlook Q1 2009 - The Credit Crunch Continues to Affect the Confidence of Borrowers and Lenders

DUBLIN — Research and Markets (http://www.researchandmarkets.com/research/bbbde9/uk_consumer_credit) has announced the addition of the "UK Consumer Credit Market Outlook: Q1 2009" report to their offering.

The consumer credit market performed poorly in the first quarter of 2009 as the credit crunch continued to affect the confidence of borrowers and lenders. This latest edition of the quarterly outlook series discusses recent developments in the consumer credit market and provides the latest forecasts for the period 2009-2013.

Scope:

• Provides the latest market sizing figures for the UK consumer credit market.
• Covers an array of consumer credit lines – unsecured personal loans, credit cards, overdrafts, retail finance and motor finance.
• Considers the latest developments in the UK economy in order to build up three forecast scenarios for the next four years.
• Includes an accompanying interactive Excel model.

Highlights of this title:

    * After more than two years of increases in the magnitude of year-on-year falls, unsecured personal loans saw a noticeable uplift in the first quarter which translated into a smaller year-on-year decline as gross advances increased by 14.6% compared to Q4 2008.
    * Motor finance gross advances saw the largest quarterly improvement between Q1 2009 and Q4 2008. Unsecured personal loans also grew whereas overdrafts, credit cards and retail finance gross advances all dropped in Q1 2009. The largest decline was seen in retail finance.
    * Research shows that consumer attitudes to their finances are adapting to the new conditions, with a large percentage saying that from now on they intend to cut back significantly on their use of credit and save more in the future.

Key reasons to purchase this title:

• Review market performance in Q1 2009 to place your own performance in context with the overall market.
• Use the market forecasts to plan your future strategy with confidence.
• Understand how the ongoing liquidity crisis has affected lenders and the overall economy.

For more information visit http://www.researchandmarkets.com/research/bbbde9/uk_consumer_credit