Consumer lending has steadily shown signs of improvement after the 2008 crisis. Mortgage/housing and education loans remain the largest areas in outstanding balance terms in the US. However, mortgage/housing is showing signs of recovery, mainly driven by rising incomes, moderate unemployment rates and improving economic conditions. Non-traditional alternative lending has grown rapidly in the last few years. Alternative lending caters to the customers who need cash but might not qualify for traditional bank loans because of poor credit profiles. P2P (peer-to-peer lending) and OPB (online platform-based business lending) have emerged to make things easier for people as well as businesses who face difficulty in getting loans only because of low credit profiles. The LTP segment snapshot report on 'US Lending Market' gives an overview of the US lending industry. It talks abot the traditional and emerging alternative lending platforms, SME lending market, disrupting startups, latest technology and market trends and regulations in the US Lending industry.
Table of Contents:
1. Industry Overview
2. Types of Traditional Loans
3. Alternative Lending Market
4. SME Lending
5. Key Players
6. Technology trends in the US Lending Industry
7. Market trends in the US Lending Industry
Note: A Segment Snapshot is a crisp analysis (3-5 pages) of specific FinTech segment or a specific region. Every snapshot is divided into different sections: segment definition, market sizing, and growth trends, main players in the industry, business trends, consumer trends and legal trends.