2014 Personal Loans in Ireland Market Research Report Share

Most up-to-date research on "Personal Loans - Ireland - September 2014" to its huge collection of research reports. As a result of the financial crisis and ensuing economic downturn, there has been a dramatic decline both in financial institutions’ willingness and ability to lend and consumers’ willingness and capacity to borrow. With economic recovery now under way, it remains to be seen whether banks and consumers alike will revert to their pre-recessionary lending and borrowing behaviour. Browse Detail Report With TOC @ http://www.researchmoz.us/personal-loans-ireland-september-2014-report.html Table of Content Introduction Key themes in the report Data sources Definitions Abbreviations Executive Summary The market Value of outstanding loans down €14 billion between 2009 and 2014 Figure 1: Outstanding loans to households, consumer credit and other loans, IoI, NI & RoI, 2009-19 Forecast Figure 2: Indexed value of outstanding consumer credit and other loans, NI and RoI, 2009-19 Market factors NI and RoI economies improving Consumers regaining confidence and optimism for future Cost of borrowing relatively low as a result of low interest rates Half of Irish consumers have no personal loan products outstanding Only minority of consumers are committed, organised and regular savers The consumer Just over half of consumers owe money on a personal loan product Figure 3: Type of personal loan products that consumers currently owe money on, RoI and NI, July 2014 Majority of personal loan products taken for one-off purchases or major expenses Figure 4: Reason that consumers took out last personal loan product, RoI and NI, July 2014 RoI consumers more open to borrowing in future than NI consumers Figure 5: Whether consumers would take out a loan in the future for selected purposes, RoI and NI, July 2014 RoI consumers more likely to return to the same lenders than NI Figure 6: Agreement with statements relating to the last loan consumers took out, NI and RoI, July 2014 What we think For Market Research Latest Reports Visit @ http://www.researchmoz.us/latest-report.html Issues and Insights What type of personal loan products do consumers own? The facts The implications Why do consumers borrow? And what would motivate them to borrow in the future? The facts The implications Where do consumers get personal loan products from? The facts The implications Trend Application Extend My Brand Prepare for the Worst Locavore Market Overview Key points Economic recovery now all but assured in RoI Figure 7: Economic outlook, annual % change, RoI, 2012-15 Figure 8: Estimated unemployment levels, 2013-15 Economic growth of 2.3% expected for NI in 2014 Figure 9: Economic outlook, NI, 2012-15 Irish consumer sentiment more upbeat than in recent years Figure 10: Consumer Sentiment, RoI, September 2010-August 2014 Figure 11: Consumer confidence, NI, September 2008-June 2014 Most consumers describe finances as either ‘healthy’ or ‘OK’ Figure 12: How consumers rate their current financial situation, NI and RoI, July 2014 Debt write-offs down in NI, but set to increase in RoI Low interest rate environment keeping cost of borrowing down Figure 13: Bank base interest rate, %, European Central Bank & Bank of England, 2008-14 Cost of borrowing creeping upwards for RoI consumers For More Reports Browse @ https://www.linkedin.com/today/author/68229468   About ResearchMoz   ResearchMoz is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price.   For More Information Kindly Contact: Email: sales@researchmoz.us