Table of Contents
Take back: More loans will lead to more delinquencies, resulting in increased industry demand
At the height of the recession, an increase in loan defaults and delinquencies caused demand for the Repossession Services industry to soar as creditors sought to collect loan collateral. However, during subsequent years, the number of consumers defaulting on their loans bottomed out, with the risk composition on debt holders improving amid deleveraging. In the coming years, an increasing number of loans will lead to higher number of delinquencies, resulting in increased demand for industry services.
This industry repossesses tangible assets (e.g. automobiles, boats, equipment, planes, furniture and appliances) for a creditor as a result of delinquent debt by an individual.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Debt Collection Agencies in the US
Credit Bureaus & Rating Agencies in the US
Security Services in the US
Get Industry Insights. Simply.
Talk to Amrita
+1 718 303 2019
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 ...
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 ...
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 ...