Graph and download economic data for Total Consumer Credit Owned by Federal Government (TOTALGOV) from Jan 1977 to May 2025 about owned, consumer credit, federal, loans, government, consumer, and USA.

Turkey Credit Sector: PS: Households: Consumer Credit (CC) data was reported at 401,788,490.000 TRY th in Jun 2018. This records an increase from the previous number of 397,990,425.000 TRY th for May 2018. Turkey Credit Sector: PS: Households: Consumer Credit (CC) data is updated monthly, averaging 2,826,688.500 TRY th from Jan 1986 (Median) to Jun 2018, with 390 observations. The data reached an all-time high of 401,788,490.000 TRY th in Jun 2018 and a record low of 0.000 TRY th in Jul 1993. Turkey Credit Sector: PS: Households: Consumer Credit (CC) data remains active status in CEIC and is reported by Central Bank of the Republic of Turkey. The data is categorized under Global Database’s Turkey – Table TR.KB004: Deposit Money Banks: Credit Sector.

United Kingdom M4 Lending: sa: HS: Individual: Consumer Credit data was reported at 134,688.000 GBP mn in Sep 2018. This records an increase from the previous number of 134,008.000 GBP mn for Aug 2018. United Kingdom M4 Lending: sa: HS: Individual: Consumer Credit data is updated monthly, averaging 116,539.500 GBP mn from Apr 1993 (Median) to Sep 2018, with 306 observations. The data reached an all-time high of 147,057.000 GBP mn in May 2008 and a record low of 42,062.000 GBP mn in Nov 1993. United Kingdom M4 Lending: sa: HS: Individual: Consumer Credit data remains active status in CEIC and is reported by Bank of England. The data is categorized under Global Database’s United Kingdom – Table UK.KA001: Money Stock.

United Kingdom M4 Lending: HS: Individual: Consumer Credit data was reported at 134,882.000 GBP mn in Oct 2018. This records a decrease from the previous number of 135,040.000 GBP mn for Sep 2018. United Kingdom M4 Lending: HS: Individual: Consumer Credit data is updated monthly, averaging 107,617.000 GBP mn from Jan 1987 (Median) to Oct 2018, with 382 observations. The data reached an all-time high of 147,427.000 GBP mn in Sep 2008 and a record low of 24,494.000 GBP mn in Jan 1987. United Kingdom M4 Lending: HS: Individual: Consumer Credit data remains active status in CEIC and is reported by Bank of England. The data is categorized under Global Database’s United Kingdom – Table UK.KA001: Money Stock.

Total credit card debt in the UK grew by **** billion British pounds between October and November 2023, now reaching a similar level of debt as seen in early 2017. The annual growth rate of credit card debt stayed about the same in March 2025, reaching *** percent when compared to March 2024. The growth rate in 2023 has been relatively consistently since May, which may potentially be attributed to growing interest rates and the cost of living crisis.

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Credit Intermediation Market Size 2024-2028

The credit intermediation market size is forecast to increase by USD 649.87 billion at a CAGR of 2.36% between 2023 and 2028. The market is experiencing significant developments and challenges, driven by various factors. One key trend is the increasing preference for discounted monthly installment plans, which allow consumers to access credit more affordable. However, this trend is not without risks, particularly during economic recessions when global economies face instability and credit availability becomes scarce. Banks, as primary credit intermediaries, are facing growing vulnerabilities and deficiencies, necessitating the development of an active secondary credit market to ensure smooth intermediation. This market growth is essential for maintaining financial stability and facilitating economic growth. Effective financialization and a strong secondary credit market can help mitigate risks and ensure credit availability to consumers and businesses, even during challenging economic conditions.

What will be the Size of the Market During the Forecast Period?

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Credit intermediation is a vital process in the financial market that facilitates the connection between borrowers and lenders. This process involves credit intermediaries, such as commercial banks and credit unions, acting as middlemen in the lending process. These institutions offer various credit products to individuals and entities, enabling them to access funds for personal or business purposes. The market plays a crucial role in the economy by making credit available to consumers and businesses. Credit agreements are legally binding contracts between the borrower and the lender, outlining the terms and conditions of the loan, including monthly installments, discounts, and refunds.

Moreover, the infrastructure required to support credit intermediation includes a strong workforce, advanced technology, and adherence to stringent money security regulations. Operating costs for credit intermediaries can be substantial due to the need for maintaining infrastructure, safeguarding investors, and managing market risk. One of the primary responsibilities of credit intermediaries is to assess the financial status of potential borrowers and ensure the mishandling of credit agreements is minimized. This process involves evaluating the borrower's ability to repay the loan and assessing the risk associated with the loan. Fraud prevention is also a significant concern, with credit intermediaries implementing measures to protect against fraudulent activities by both borrowers and enterprises.

Furthermore, the financial services industry is undergoing significant financial services innovation driven by the rise of digital banking and the growing adoption of financial technology (fintech). Digital financial services are transforming the landscape, with mobile banking, mobile payments, and digital lending playing a key role in promoting financial inclusion. As financial inclusion programs expand, innovative solutions like microfinance, peer-to-peer lending, and data-driven lending are empowering underserved communities. Financial inclusion strategies are further enhanced by financial literacy initiatives and financial education efforts, while sustainable finance and responsible lending practices ensure long-term stability. With an increasing focus on financial crime prevention, cybersecurity in finance, and compliance and risk, financial services regulation continues to adapt to new challenges. Financial technology trends and financial services transformation will drive future growth, ensuring greater financial well-being and financial security for consumers worldwide.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Application

  Individual
  Enterprise


Type

  Tied credit intermediation
  Ancillary credit intermediation
  Non-tied credit intermediation


Geography

  North America

    US


  APAC

    China
    India
    Japan


  Europe

    Germany


  Middle East and Africa



  South America

By Application Insights

The individual segment is estimated to witness significant growth during the forecast period. The individual sector holds a significant market share in the market and is anticipated to lead the market growth during the forecast period. This segment's expansion can be attributed to the rising preference for personalized credit agreements and the growing role of intermediaries as credit advisors. The demand for credit counseling services has grown due to economic challenges, including increasing interest rates and inflation, which make it difficult for individuals to manage their d

In March 2023, the consumer price index (CPI) in Romania grew by 14.5 percent relative to the same month of the previous year. Thus, the market basket of goods and services cost around 14 percent more in March 2023 than in March 2022. M1 monetary aggregate, or the supply of money, decreased by six percent year-over-year.

Turkey Credit Sector: FI: NFI: FM: Consumer Finance Company data was reported at 8,449,885.000 TRY th in Sep 2018. This records a decrease from the previous number of 10,423,816.000 TRY th for Aug 2018. Turkey Credit Sector: FI: NFI: FM: Consumer Finance Company data is updated monthly, averaging 0.000 TRY th from Jan 1986 (Median) to Sep 2018, with 393 observations. The data reached an all-time high of 10,423,816.000 TRY th in Aug 2018 and a record low of 0.000 TRY th in Mar 2003. Turkey Credit Sector: FI: NFI: FM: Consumer Finance Company data remains active status in CEIC and is reported by Central Bank of the Republic of Turkey. The data is categorized under Global Database’s Turkey – Table TR.KB004: Deposit Money Banks: Credit Sector.

Graph and download economic data for Average Amount Financed for New Car Loans at Finance Companies (DTCTLVENANM) from Mar 2008 to Mar 2025 about finance companies, financing, companies, finance, financial, average, vehicles, new, loans, and USA.

Graph and download economic data for Personal Saving Rate (PSAVERT) from Jan 1959 to May 2025 about savings, personal, rate, and USA.

Poland MFIs Claims: excl CU and MMFs: RD: NF: Households: Individuals: Loans: Consumer Loans: Related to Credit Cards data was reported at 14,165.204 PLN mn in Jun 2018. This records a decrease from the previous number of 14,175.011 PLN mn for May 2018. Poland MFIs Claims: excl CU and MMFs: RD: NF: Households: Individuals: Loans: Consumer Loans: Related to Credit Cards data is updated monthly, averaging 7,932.413 PLN mn from Dec 1996 (Median) to Jun 2018, with 259 observations. The data reached an all-time high of 14,842.459 PLN mn in Dec 2009 and a record low of 9.417 PLN mn in Jan 1997. Poland MFIs Claims: excl CU and MMFs: RD: NF: Households: Individuals: Loans: Consumer Loans: Related to Credit Cards data remains active status in CEIC and is reported by National Bank of Poland. The data is categorized under Global Database’s Poland – Table PL.KB012: Monetary Financial Institutions: excluding Credit Unions and Money Market Funds: Claims: by Purpose.

Turkey Credit Sector: PS: Households: CC: Consumer & Other Loans data was reported at 209,430,225.000 TRY th in Jun 2018. This records a decrease from the previous number of 209,454,173.000 TRY th for May 2018. Turkey Credit Sector: PS: Households: CC: Consumer & Other Loans data is updated monthly, averaging 0.000 TRY th from Jan 1986 (Median) to Jun 2018, with 390 observations. The data reached an all-time high of 209,454,173.000 TRY th in May 2018 and a record low of 0.000 TRY th in Nov 2005. Turkey Credit Sector: PS: Households: CC: Consumer & Other Loans data remains active status in CEIC and is reported by Central Bank of the Republic of Turkey. The data is categorized under Global Database’s Turkey – Table TR.KB004: Deposit Money Banks: Credit Sector.

Market modeling estimates that BNPL transactions in the United States would be about ** percent higher in 2025 than in 2024. This is according to a market model released in the first quarter of 2025. Since 2023, consumers were looking for money lending alternatives as they were looking to avoid taking on new credit card debt. This growth can be seen in the monthly app installs of certain BNPL providers in the United States. Note that the source does not give further indications of what the figures provided here are based on. As buy now, pay later was unregulated in many countries across the world by early 2023, transaction figures on this payment method were scarce unless a domestic financial supervisor managed to request data from individual BNPL providers. This happened in the United States, providing insights into the different product segments U.S. consumers use BNPL for.

The study on people with low incomes was conducted by Veian on behalf of the Press and Information Office of the Federal Government. In the survey period from 4 July 2024 to 15 July 2024, 1,019 German-speaking people aged 18 and over with a needs-weighted monthly net income of up to EUR 1,500 in Germany (low-income earners) were surveyed in online interviews (CAWI) on the following topics: Burden of inflation and future prospects, ideas of justice, insecurities, financial situation, awareness of reforms of social benefits, assessment of relief measures, use of social benefits and assessment of the new regulations on the Citizen´s Income. The respondents were selected using a quota sample from an online access panel.
Concerns about inflation: extent of the impact of general price increases. Block A - Future prospects: Confidence vs. worries with regard to personal future in the following areas: financial situation, housing situation, health, old-age provision and career prospects; assessment of own children´s future prospects.

Block B - Ideas of justice: Importance of different aspects of justice (intergenerational justice; performance justice, opportunity justice, family justice, distributive justice and needs justice); most important aspects of justice (order).

Block C - (In)certainties: Agreement with statements on own lifeworld (changes in society frighten me, I feel left alone by the state, I have good friends who support me, I am flexible enough to be able to adapt to difficult situations, I can largely determine my own life, in financial emergencies I can rely on the financial support of my parents/siblings or other relatives, I perceive life as a constant struggle, I feel marginalized in society, within the scope of my possibilities I support my friends and family when necessary).

Block D - Financial situation: Change in financial situation in recent years; perceived burden of current price increases in various areas (fuel, purchase of food, costs for craftsmen, heating, electricity, costs for public transport, restaurant visits, visits to events, leisure activities, clothing purchases, costs for hobbies, costs for vacations, travel, hotels, purchase of household items such as furniture, household appliances, rental costs); changes in everyday behavior due to higher prices (I drive less, I heat my home more conservatively, I set the temperature at home lower than usual, I pay more attention to the price when shopping, I only buy food and everyday products that I really need, I buy more expensive products in installments, I make sure I use less hot water, I do without certain leisure activities, I make sure I save electricity, I now use public transport more often, I have postponed larger purchases for the time being, I do without vacation trips, I have canceled memberships and subscriptions, I meet fewer people than before, as joint activities are often associated with additional costs); characterization of the household´s financial situation (my household can usually put some money aside at the end of the month, my household cannot put any money aside at the end of the month, but the money is enough to cover running costs, my household currently has to draw on savings to cover running costs, my household uses credit (consumer credit, instalment credit, overdraft/overdraft facility); use of state benefits by persons in my own household (parental allowance, child benefit, advance maintenance payments, reductions via a social or family pass, unemployment benefit, citizen´s allowance, housing benefit/ Housing Benefit Plus, certificate of eligibility for social housing, education grant/ BAföG); reasons for not claiming the above-mentioned state benefits (because I am not entitled to the benefit, because I do not know whether I am entitled or not, because I do not know who to contact, because I do not feel comfortable applying for such benefits, because I do not want to be dependent on the state).

Block E - Expectations of politics and the welfare state: strength of state support for the household; need for further state support measures; information about state social benefits (I actively inform myself about state social benefits, i.e. I specifically look for information about them, I tend to get information about state social benefits by chance, e.g. via my normal media consumption, neither, both); level of information about state social benefits; awareness of various reforms of social benefits that have already been decided or are planned (introduction of the citizen´s income (abolition of Hartz IV), increase in unemployment benefit, introduction of a basic child benefit, increase in the minimum wage, guarantee of a minimum pension level, increase in child benefit, increase in care allowance for people in need of care, increase in housing benefit and expansion of the group of people entitled to it, increase in contributions to be paid into the pension insurance scheme); evaluation of these...

Turkey Deposits: FD: LC: OI: NB: FI: Consumer Finance Companies data was reported at 485,242.000 TRY th in Jun 2018. This records an increase from the previous number of 240,377.000 TRY th for May 2018. Turkey Deposits: FD: LC: OI: NB: FI: Consumer Finance Companies data is updated monthly, averaging 0.000 TRY th from Jan 1986 (Median) to Jun 2018, with 390 observations. The data reached an all-time high of 777,641.000 TRY th in Jan 2017 and a record low of 0.000 TRY th in Nov 2002. Turkey Deposits: FD: LC: OI: NB: FI: Consumer Finance Companies data remains active status in CEIC and is reported by Central Bank of the Republic of Turkey. The data is categorized under Global Database’s Turkey – Table TR.KB001: Deposit Money Banks: Deposit Sector.

Some 40 percent of all bank account holders indicated that they were worried about their financial future in Ireland in 2024, according to Statista's Consumer Insights. Despite the high level of financial uncertainty, 40 percent of the respondents mentioned that they donated money to charitable causes in the last 12 months. In terms of attitude toward online and mobile finance, 29 percent of the respondents could imagine dealing with financial transactions exclusively online, and 25 percent via smartphone.

The market size for credit cards in the United States grew by over *** percent between 2022 and 2023, a continuation of previous years. This according to estimates from on the value of transactions conducted with cards with a credit function. Credit cards are the most popular payment method available in the country for several years in a row, with a market share that slightly increased during the first year of COVID-19. The United States' credit card penetration is forecast to reach more than ** percent come 2025.

Poland MFIs Claims: excl CU and MMFs: RD: NF: Households: Loans: Consumer Loans data was reported at 176,115.399 PLN mn in Jun 2018. This records an increase from the previous number of 174,812.952 PLN mn for May 2018. Poland MFIs Claims: excl CU and MMFs: RD: NF: Households: Loans: Consumer Loans data is updated monthly, averaging 84,339.836 PLN mn from Dec 1996 (Median) to Jun 2018, with 259 observations. The data reached an all-time high of 176,115.399 PLN mn in Jun 2018 and a record low of 10,393.771 PLN mn in Dec 1996. Poland MFIs Claims: excl CU and MMFs: RD: NF: Households: Loans: Consumer Loans data remains active status in CEIC and is reported by National Bank of Poland. The data is categorized under Global Database’s Poland – Table PL.KB012: Monetary Financial Institutions: excluding Credit Unions and Money Market Funds: Claims: by Purpose.

Loan administration and cheque cashing services endured mixed results amid economic volatility during the pandemic and the continued effects of high interest rates on Canadian businesses and consumers alike. Canadian consumers' appetite for debt has boosted the industry by sustaining demand for consumer financing, mortgages and cash services for businesses. However, sharp economic volatility in 2020 forced consumers and businesses to shift their borrowing preferences away from traditional banking clients, causing revenue to spike in 2020. While a temporary economic recovery in 2021 caused consumers to revert back to traditional financial norms, the effects of high inflation and interest rates severely influenced how clients pursue their financial goals. Broader growth in core loan vehicles, such as auto loans and mortgages, in 2024 further cemented administrator demand. Nonetheless, continued competition from digital alternatives and external competitors curtailed larger rates of growth, with revenue rising an annualized 3.2% to an estimated $1.8 billion through the end of 2024, including an estimated 2.1% boost in 2024 alone. Profit followed a similar trend, as higher rates of loan demand and lowering of operational expenses facilitated greater profitability for administrators. Canadian GDP growth has largely been driven by trends in consumption. As interest rates spiked in 2023, Canadians have had to alter their spending habits and patterns. The continued upward push of Canadians living paycheck to paycheck further discouraged demand for traditional banks and provided a more diversified revenue stream among younger and underbanked consumers. This reliance on debt to make monthly payments also provides administrators with steady demand for their payday loan offerings. But in an environment where most payday loans made are to consumers with a higher probability of default, mounting household debt runs the risk of insolvency and industry contraction. Additionally, mounting external competition from digital payment platforms undermined administrator demand, with consumers having more opportunities via digital platforms to meet their digital needs. Moving forward, loan administration and cheque cashing services will continue to benefit from uncertainty surrounding interest rates and general economic shakiness among downstream customers. However, anticipated changes in regulations surrounding payday loans and interest rates will enhance compliance costs and curtail profitability. Lastly, increased external competition from commercial banks, credit unions and emerging financial technology companies via payment platforms like Zelle and Venmo will likely put downward pressure on niche services such as cheque cashing, money order issuance, travellers' cheque issuance and payday loans. Revenue is expected to fall an annualized 2.4% to an estimated $1.6 billion through the end of 2029.

Personal savings in the United States reached a value of 975 billion U.S. dollars in 2024, marking a slight increase compared to 2023. Personal savings peaked in 2020 at nearly 2.7 trillion U.S. dollars. Those figures remained very high until 2021. The excess savings during the COVID-19 pandemic in the U.S. and other countries were the main reason for that increase, as the measures implemented to contain the spread of the virus had an impact on consumer spending. Saving before and after the 2008 financial crisis During the periods of growth and certain economic stability in the pre-2008 crisis period, there were falling savings rates. People were confident the good times would stay and felt comfortable borrowing money. Credit was easily accessible and widely available, which encouraged people to spend money. However, in times of austerity, people generally tend to their private savings due to a higher economic uncertainty. That was also the case in the wake of the 2008 financial crisis. Savings and inflation The economic climate of high inflation and rising Federal Reserve interest rates in the U.S. made it increasingly difficult to save money in 2022. Not only does inflation affect the ability of people to save, but reversely, consumer behavior also affects inflation. On the one hand, prices can increase when the production costs are higher. That can be the case, for example, when the price of West Texas Intermediate crude oil or other raw materials increases. On the other hand, when people have a lot of savings and the economy is strong, high levels of consumer demand can also increase the final price of products.