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Lending Insights: If You Build It, They Will Borrow

March 29, 2021
Greg Ulankiewicz

When efforts to mitigate the COVID-19 pandemic halted economic activity, consumer loan demand and application activity skyrocketed. Financial institutions will be managing these effects for some time since higher loan demand could linger for several years. Join us as we review the findings from the current Raddon Research Insights report which explores how lending activity changed during the pandemic by comparing findings from two consumer borrower surveys: February 2020 and August 2020.

Price: 
$750.00

Inside the Report

Table of Contents: 

Executive Summary
3
Introduction
4
Consumers Were Not Burdened With Debt Before the Pandemic
4
Loan Demand and Application Activity Soar Amid the Pandemic
8
Competing in the Rapidly Evolving Credit Card Space
15
Consumer Home and Vehicle Purchase Intentions Accelerate
22
The Impact of the Pandemic Economy on the Borrowing Consumer
8
The Borrower’s Application Experience
35
Conclusion
47
Survey Methodology
48
About
50

Sample Chart(s): 

Percentage of Households That Anticipate Applying for Any Loan in the Next 12 Months by Generation SegmentYear-Over-Year Trend in Percentage of Consumer Households That Anticipate Applying for a Loan in the Next 12 Months by Product (2019 Versus 2020)

Study Statistics: 

DATE PUBLISHED:
March 29, 2021
AUTHOR:
Greg Ulankiewicz
NUMBER OF PAGES:
51
NUMBER OF CHARTS:
39
PRICE:
$750.00