1. Market Research
  2. > Financial Services
  3. > Banking
  4. > Bank Lending Market Trends
  5. > UK Consumer Debt Purchase and Debt Collection: Market Insight

UK Consumer Debt Purchase and Debt Collection: Market Insight

  • July 2013
  • -
  • Apex Insight
  • -
  • 58 pages

Summary

Table of Contents

This report focuses on the UK consumer debt purchase and debt collection markets. Debt collection involves the collection of debts on behalf of the original debtor as an outsourced business process while debt purchase involves buying the actual debts and the right to collect them.

Our research identifies that there is considerable overlap between the provision of both services. Many of the larger debt collection agencies have purchased portfolios of debt in recent years while several debt purchasers have carried out debt collection on a contingent basis, in particular during the period from 2008-10 when the amount of debt available to purchase fell significantly.

The report quantifies the sizes of each market and their respective historical growth rates while reviewing key factors behind these figures and exploring drivers of growth and profitability.

We also report on and analyse the drivers of growth – in particular relevant economic indicators such as total consumer debt, unemployment levels, debt write-off rates, recovery rates, commission levels, debt price levels – and more specific factors including levels of personal insolvencies, the attitudes of consumer creditors to the concept of debt sale and the discount to face value typically paid for debt.

Leading debt purchasers and collections agencies are profiled and their performance is compared

It is intended for debt purchasers themselves as well as investors, banks, analysts, consultants, regulators and other parties with interests in the sector.


What are the sources and methodology?


This report is based on:
– Interviews with senior-level contacts in the market
– Company information including annual reports, websites and press releases
– Economic and financial data from Bank of England and government sources

This information has been reviewed and analysed to produce our findings. These are presented clearly and concisely with extensive use of charts and tables to illuminate points and support conclusions

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
Europe Private Vehicle Leasing Market Strategic Analysis

Europe Private Vehicle Leasing Market Strategic Analysis

  • $ 4950
  • Industry report
  • December 2016
  • by Frost & Sullivan

Strong Market Growth Expected as Leasing Companies Turn Focus to Untapped Retail Segment and Increasing Customer Demand for Hassle-free Mobility Solutions The retail automobile market in Europe is undergoing ...

Global Automotive Financing Market - Analysis Of Growth, Trends Progress and Challenges (2017 - 2022)

Global Automotive Financing Market - Analysis Of Growth, Trends Progress and Challenges (2017 - 2022)

  • $ 4250
  • Industry report
  • February 2017
  • by Mordor Intelligence LLP

The Global Automotive Financing Market is expected to grow at a CAGR of 12.08% and grow to a market size of $ X.XX billion by the year 2020. Most of the developed countries have still not reached the pre-recession ...

Retail Banking Country Snapshot: Poland 2016

Retail Banking Country Snapshot: Poland 2016

  • $ 3450
  • Industry report
  • February 2017
  • by GlobalData

Summary Poland has an oligopolistic market for banking services, with the two largest providers PKO Bank Polski and mBank controlling over a third of the current account market. PKO Bank Polski also dominates ...


ref:plp2013

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.