Credit Card Issuance in the UK - IBISWorld Industry Market Research

Credit Card Issuance in the UK

Credit Card Issuance in the UK - IBISWorld Industry Market Research
Credit Card Issuance in the UK
Published Feb 19, 2015
32 pages — Published Feb 19, 2015
Price US$ 875.00  |  Buy this Report Now

About This Report

  
Abstract:

The Credit Card Issuance industry has suffered over the past five years as the debt binge of the early and mid-2000s turned into something of a debt purge following the onset of the financial crisis. The first few years that followed the financial crisis were characterised by consumers cutting back on debt and increasing savings. When the financial crisis hit, lenders increased their credit standards amid scarce access to funding, while credit card customers sought to deleverage from record private-sector debt levels.

The industry deals with issuance of credit and charge cards, which provide a line of credit or cash to use for purchases, to businesses and consumers. Credit card balances roll over month to month. The balances can be repaid in full or on an instalment basis. Charge card balances must be paid in full monthly. Cards are not issued directly by Visa, MasterCard, Diners Club or American Express but these companies provide the transaction processing networks.

The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.

  
Source:
Document ID
UK0.004
Country
Report Type
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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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Cite this Report

  
MLA:
IBISWorld Industry Market Research. "Credit Card Issuance in the UK" Feb 19, 2015. Alacra Store. Dec 02, 2016. <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Credit-Card-Issuance-in-the-UK-2042-2463>
  
APA:
IBISWorld Industry Market Research. (2015). Credit Card Issuance in the UK Feb 19, 2015. New York, NY: Alacra Store. Retrieved Dec 02, 2016 from <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Credit-Card-Issuance-in-the-UK-2042-2463>
  
US$ 875.00
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