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0.000366972477064278 0.0020183486238532 0.0020183486238532 0.00137614678899088 -0.000275229357798176 0.000825688073394527 -0.0010091743119266 -0.00275229357798163
Stock impact report

Payday Loans Market Report 2024, Featuring Profiles of Check Into Cash, Kotak Mahindra Bank, OneMain Holdings, Advance America and ACE Cash Express [Yahoo! Finance]

OneMain Holdings, Inc. (OMF) 
Last onemain holdings, inc. earnings: 4/27 04:30 pm Check Earnings Report
US:NYSE Investor Relations: investor.onemainfinancial.com
Company Research Source: Yahoo! Finance
The payday loans market size has grown strongly in recent years, from $35.47 billion in 2023 to $35.47 billion in 2024 at a compound annual growth rate (CAGR) of 5.2%. The growth during the historic period can be attributed to factors such as increased financial instability, limited access to traditional credit, economic downturns, high unemployment rates, regulatory changes, and the emergence of digital lending platforms. The payday loans market size is expected to see strong growth in the next few years, growing to $43.93 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%. The growth during the forecast period can be attributed to rising economic uncertainty, increasing unemployment rates, changes in consumer borrowing habits, regulatory shifts, fluctuations in interest rates, and a growing demand for short-term financial solutions. Major trends expected in this period include advancements in digital lending platforms, improved borrower education programs, the use Show less Read more
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