Covid-19 Impact on Global Personal Loans Market Research Report forecast 2020-2026
Summary - A new market study, titled “Covid-19 Impact on Global Personal Loans Market Size, Status and Forecast 2020-2026” has been featured on Wise Guy Reports. Over the last 10 years, investors funneled many billions of dollars into the personal loan market. These investments came in the form of venture capital, various bond structures and even direct investments in loans. Fueled by this influx of capital (and some innovative technologists), the once stagnant personal loans industry exploded with double-digit growth rates. ALSO READ: https://www.openpr.com/news/2121667/global-personal-loans-market-2020-top-key-players-lightstream In 2018, the number of personal loan accounts rose to 19.5 million. An increase of 12.5% from 2017 (source). Subprime originations grew 28% between Q2 2017 and Q2 2018. In contrast, originations for subprime borrowers dropped by 7.1% between 2016 and 2018. Has the personal loan boom reached its peak?...