Consumer Lending
Industry Description
The US consumer finance industry consists of about 3,500 companies with combined annual revenue of about $35 billion. Major companies include Ace Cash Express, Advance America, Check 'n Go, Check Into Cash, and Dollar Financial. The industry is highly concentrated: the top 50 companies account for about 90 percent of revenue.
SIC: 6141
NAICS: 522291
NAICS: 522291
Related Industries:
Mortgage Banking, Banks & Credit Unions, Credit Reporting & Collections Services, Used Merchandise StoresTo get access to the full industry record, register now.
Top 5 Companies
| Company | Sales | Location |
|---|---|---|
| HSBC North America Holdings Inc. | 23,629.57M | Mettawa, IL |
| Xerox Investments Europe B.V. | 6,774.42M | Breukelen Ut, The Netherlands |
| SLM Corporation | 5,756.00M | Reston, VA |
| Citifinancial Credit Company | 4,400.00M | Baltimore, MD |
| GE CAPITAL FINANCE AUSTRALIA | 4,056.89M | Richmond, Vic |
Trends
Demand for Consumer Credit Slowing - During the recession of the late 2000s, credit that...
Industry Indicator
The bank prime loan rate, an indicator of consumer finance businesses' revenue from lending, remains at 3.25 percent as of the week of January 13, 2012, unchanged from the same week in 2011.
Quarterly Industry Update
Delinquent Loans Increase - Delinquencies on US consumer loans, a key metric that can impact consumer lenders, rose 17 basis points during second quarter 2011 to 2.88 percent, according...


