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Stock impact report

Zacks Industry Outlook Highlights Enova International and Encore Capital Group [Yahoo! Finance]

Enova International, Inc. (ENVA) 
Last enova international, inc. earnings: 4/28 04:16 pm Check Earnings Report
US:NYSE Investor Relations: ir.enova.com
Company Research Source: Yahoo! Finance
Industry: Consumer Loans Link: https://www.zacks.com/commentary/2811715/2-consumer-loan-stocks-to-buy-on-strong-industry-catalysts Falling interest rates and easing lending standards are brightening the outlook for the Zacks Consumer Loans industry. The Federal Reserve's interest rate cuts and signs of decent economic growth are expected to sustain and even boost loan demand, supporting top-line growth. While improved consumer credit scores and looser lending criteria are expanding the borrower base, weakening consumer confidence is a concern. Despite several credit quality metrics creeping above the pre-pandemic levels, lower rates will likely aid repayment capacity. Hence, industry players like Enova International, Inc. and Encore Capital Group, Inc. are worth buying. The Zacks Consumer Loans industry comprises companies that provide mortgages, refinancing, home equity lines of credit, credit card loans, automobile loans, education/student loans and personal loans, among ot Show less Read more
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