CONSUMER LOANS

Consumer loans. Consumer loans are loans for purchasing automobiles and mobile homes, student loans, loans for medical expenses and vacations, and loans for other personal expenditures. They come in a variety of sizes and shapes. The following examples are all products offered by Sun Trust in the USA [see]. Equity loans: put your home’s equity to work for you with a range of home equity lending solutions. Auto Loans: explore the benefits of refinancing or get approved before you shop for a new or used vehicle). Physician Loans: cover a wide range of personal and business expenses with our physician loans. Personal Loans: obtain the funds you need with our affordable and flexible personal loans and lines of credit. Marine and Boat Loans: finance the purchase of a new or used boat or explore the benefits of refinancing. Education Loans: meet your college financing needs with private student loans.

See also Banco Santander (UK) Personal loans [see].

VIDEO. HSBC Personal loans [see; language unknown] (0:36); City Bank Texas home improvement loans (0.33) [see]; auto loans (0.32) [see].

Tenor. Medium to long-term.

Balance sheet. Assets.

Type. Unsecured (except auto loans, boat loans).

Pricing. Variable interest rates.

Type of banking. Retail.

Size of the market. March 7 2012: $ 1093.4 billion in the US.