The line graph presented depicts the loan status of the Royal Bank of Scotland between the years 2012 to 2022. It is measured in millions of pounds sterling.
Overall, it can be seen that while student loans and mortgages are predicted to increase simultaneously over the period, auto loans and personal loans have highs and lows, therefore remaining much lower in comparison.
Firstly, it is clear that student loans and mortgages are following a very similar pattern over the years. Student loans stood at just under 1.500 million in 2012, noticeably, being the highest of the four groups. Though they remained constant up to 2013, they are expected to climb steadily to approximately 2.5 billion in 2022. Like the student loans, mortgages are predicted to follow a similar pattern and increase.
Secondly, auto loans are expected to show abnormalities of both highs and lows during the years. Although having initially grown, they will drop to 700 million in 2016, before reaching the peak of about 1500 million in 2020. Auto loans will end close to the amount where they began.
Finally, personal loans were staged at the lowest level of the four groups, at under 500 million in 2012. Despite climbing up and overtaking auto loans briefly in 2016 to about 800 million, this level will continue decreasing until 2022 to 400 million.