Personal Lending Industry Overview

Companies that provide signature or collateral loans and other credit and financing products to individuals.

Full Personal Lending Industry Description

Consolidation

Several factors have encouraged consolidation in recent years: larger companies have easier and cheaper access to capital markets, computer systems can now handle credit analysis and loan tracking functions for large portfolios of loans, and the industry's strong profitability has prompted many companies to expand by buying smaller firms that already have offices, personnel, and a local presence.

Full Personal Lending Industry Trends

• Access Group, Inc.
• American General Finance Corporation
• Brazos Higher Education Service Corporation

View more Personal Lending Competitors

Hoover's has developed its own industry classifications to better serve its customers. These classifications are mapped to the North American Industry Classification System (NAICS) and the older U.S. Standard Industrial Classification (SIC) system. The Personal Lending maps to a number of NAICS codes including:

Full Personal Lending Industry Codes

• Financial Services Technology Consortium
  
• Investment Company Institute
  
• The Association of Private Client Investment Managers and Stockbrokers
  

View more Personal Lending Industry Associations