3 Consumer Loan Stocks to Buy From a Prospering Industry
EZPWEZCORP(EZPW) zacks.com·2024-05-21 21:26

The Zacks Consumer Loans industry continues to witness deteriorating asset quality. The industry players are also bearing the brunt of persistent inflation, higher interest rates and expectations of economic slowdown.Yet, as consumers understand that high interest rates are here to stay for a long time, demand for consumer loans is likely to improve gradually. Easing lending standards, stabilizing consumer sentiments and the digitization of operations will keep aiding consumer loan providers. Hence, industr ...