In recent years, the consumer durable loans market has experienced significant growth. With an increasing demand for high-end appliances, electronics, and gadgets, consumers are increasingly relying on loans to finance their purchases of durable goods. These loans offer an affordable way to purchase items that have a longer lifespan, such as refrigerators, washing machines, air conditioners, and even smartphones. The shift towards financing durable goods is transforming the way consumers approach large-ticket purchases, creating new opportunities for financial institutions and retailers alike