The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
Learn moreEuromonitor addresses your unique questions and challenges across all B2B and B2C industries and geographies through custom, tailor-made research projects, designed to your specific goals.
Learn moreJan 2021
US$990Added to Cart
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!
Over the course of 2020, various actions were taken by the government and individual banks in response to the COVID-19 pandemic with the aim of lessening the financial strain being experienced by many households. Among the main factors placing strain on personal finances during the year were lockdown quarantines which made it difficult or impossible for many people to continue with their normal professional and business activities.
2020 saw auto lending record one of the lowest growth rates in consumer credit in outstanding balance terms while registering among the strongest growth rates in gross lending terms. This is an indication that far fewer Chileans are prepared to borrow money to finance a car or motorcycle, while many existing borrowers are struggling to meet their repayment obligations.
One of the measures taken by the government of Chile in response to the COVID-19 pandemic that had a particularly strong impact on the country’s consumer credit market during 2020 was the approval of a scheme that allows people to withdraw up to 10% of their pension fund savings during the COVID-19 crisis. This has meant that many people were encouraged to take care of their subsisting debts and reduce their financial burdens, with many others having assigned the money that they saved as the deposit required to finance the purchase of real estate via mortgages/housing lending.
Files are delivered directly into your account within a few minutes of purchase.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.
Files are delivered directly into your account within a few minutes of purchase.
Discover the latest market trends and uncover sources of future market growth for the Consumer Credit industry in Chile with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, with our detailed market analysis and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Consumer Credit industry in Chile, our research will save you time and money while empowering you to make informed, profitable decisions.
The market research report includes:
Why buy this report?
Euromonitor’s Consumer Credit industry reports, originate from our Passport database, to find out more click here.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.