Meanwhile, banks report that demand for consumer loans continues to drop, although at declining rates.
Higher interest rates will have the biggest impact on home mortgages and consumer loans.
Business loans are the fastest growing segment, with real estate and consumer loans just barely expanding.
FORBES: Bank Problems in 2013 -- and Strategies to Overcome Them
Consumer loans dominate turf that is shared in other rich countries with overdrafts and credit-card debt.
Mr Mayo, for one, thinks that consumer loans might be the next big problem for banks.
An additional concern for Shariah-compliant consumer loans is that they are typically more costly than conventional loans.
Still, consumer loans, accounting for 63% of the bank's total loans, grew 22% in the recent quarter.
The company attracts deposits and invests them in residential mortgages, real estate loans, commercial and consumer loans.
This year Jamaica approved its first credit reference agency, which should foster the growth of consumer loans.
Interest rates will increase for all consumer loans including college loans, auto loans, mortgages, and credit cards.
Defaults are rising across a range of debt classes from commercial property through corporate bonds to consumer loans.
Analysts have said GE Capital's investment has improved the Thai bank's operations, especially in the area of consumer loans.
Some of these debt instruments are: consumer loans, micro loans, factoring, direct real estate loans and mortgage backed securities.
FORBES: Bonds Are Just One Of Many Ways To Make Money In Debt
The picture was different for Fidelity Select Home Finance, which invests primarily in companies providing mortgages and other consumer loans.
Such activity could even be coupled with purchases of bundles of securitized consumer loans, credit card receivables and even corporate securities.
Although domestic credit is beginning to expand again, corporate lending for investment may not replace consumer loans for homes and cars.
GE, a conglomerate that runs one of the world's largest consumer-finance businesses, recently bought Lake, Japan's fifth-largest provider of consumer loans.
It is particularly keen to tap Fitch's expertise in rating bonds that are backed by packages of consumer loans or mortgages.
ECONOMIST: Financiers: The would-be king of credit ratings | The
The CFPB will have the power to set and enforce rules on credit cards as well as mortgages and other consumer loans.
The Fed refuses to take rifle-shot steps to help revive the credit markets for mortgages and for small business and consumer loans.
In order to accurately assess consumer credit trends, the government portion of consumer loans needs to be subtracted out of the data.
FORBES: Commercial Bank Consumer Credit Declines Sharply In January
The business cannot be easily ignored owing to the huge yield margins in credit card loans with respect to other consumer loans.
FORBES: Wells Fargo & Discover: A Deal Waiting To Materialize?
Real interest rates as high as 50% on many consumer loans, says Richard Hainsworth of RusRating, mean big profits despite the not infrequent defaults.
In the third quarter, lenders made more than 36 million consumer loans, up 3.7% from a year earlier, according to Equifax Inc. and Moody's Analytics.
Consumer loans rose 9.1% yoy in April after discounting for inflation.
FORBES: Russia Economy Looking Better; Unemployment Drops to 6.4%
The Fed's No. 2 showed he was still fretting that mortgage problems could bleed into consumer loans and credit cards, which have been rising recently.
Earlier this year, Senator Richard Durbin, a Democrat of Illinois, introduced a bill that would cap national interest rates on most consumer loans at 36 percent.
As Mike pointed out and we confirmed, the biggest contributor to growth in consumer credit in December was government consumer loans, most of which are student loans.
FORBES: Commercial Bank Consumer Credit Declines Sharply In January
And Pandit has to brace Citi for the looming deterioration in loan quality, which is spreading from mortgages into credit cards and other types of consumer loans.
The bank said there were slight improvements in business and consumer loans this quarter, and that Treasury and securities services assets increased by 8% from the year before.
FORBES: J.P. Morgan Beats Earnings Expectations with Smaller Bet on Loan Defaults
应用推荐