Sign Up
Stories
Personal Loan Market Projections and Consumer Impact
Share
Growing Digital Lending Platforms Market
AFM's Trend Monitor 2024
AI-Powered SMB Underwriting Platform
Automotive Fintech Market Growth
Overview
API
The personal loan market is projected to reach a valuation of nearly USD 597.6 billion by 2029, driven by factors like rising financial growth and digitalization, while facing challenges from COVID-19. Consumer behavior influences FinTech lending patterns, with specific preferences for borrowers with certain characteristics.
Ask a question
How might the projected valuation of the personal loan market affect the lending industry and consumer access to credit?
In what ways can understanding consumer behavior influence the development of more effective personal loan products and services?
What strategies can FinTech companies and financial institutions adopt to mitigate the challenges posed by COVID-19 on the personal loan market?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Oct 2023
Nov 2023
Dec 2023
Jan 2024
Coverage
inves
maxim
scien