Q2 2023 Review | Consumer Lending
Every quarter, we conduct extensive research to provide insights into the consumer lending landscape. In the second quarter, we found that while credit tightening may have kneecapped unsecured consumer origination volumes, it has so far proven effective at preventing a spike in net charge-offs. Domestic MPL new issue volume declined (32)% YoY, but rose 15% QoQ to $3,373Mn as overall costs of debt remain elevated. Catch up on current trends emerging in the consumer lending space in the latest version of our Consumer Lending Review.