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davepamn davepamn
 
February 01, 2009 05:47 PM

Is consumer lending profitable?

Is consumer lending Maxed Out?  Are applicants financial situations poor and probable they will not repay the loans
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marcand marcand
 
 February 02, 2009 12:28 AM
Interesting question. Generally speaking consumer lending is profitable simply because interest is charged on consumer loans. Given today's tight financial situations, I would say that it can still be profitable if the right precautions are taken.
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davepamn davepamn
 
February 03, 2009 04:16 AM
Why do banks issue small loans when big loans are their bread and butter?

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tonty tonty
 
February 03, 2009 07:18 AM
Consumer lending or for matter that every lending is profitable, to answer your main question.

About the situation right now, yes they are also in a bad shape. All lending are in a bad shape unfortunately.

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davepamn davepamn
 
February 04, 2009 05:53 AM
What is the default rate for consumer lending? Is the rate increasing? If so how can consumer lending be profitable?

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