consumer borrowing

Half of people are borrowing to cover the cost of nasty surprises

8th November 2023 Consumer Lending | #consumer borrowing

New research by. by Opinium for Hargreaves Lansdown has found that half of people are borrowing to cover the cost of nasty surprises – including two thirds of young people, parents, and high earners The research found that people are much less likely to have avoided expenses out of the blue (46%) than we were…

Credit borrowing doubled in January

2nd March 2023 Consumer Lending | #consumer borrowing #mortgage lending

Latest Bank of England (BoE) data has shown that consumers borrowed in January with an additional £1.6 billion in consumer credit compared with £0.8 billion borrowed in December. This was split between £1.1 billion of borrowing on credit cards and £0.5 billion of borrowing through other forms of consumer credit. Credit figures show consumer credit…

Consumer borrowing falls in January

2nd March 2022 Consumer Lending | #consumer borrowing

Latest Bank of England (BOE) data shows that borrowing declined in January, with borrowing using credit cards, personal loans and overdrafts totalling around £600m compared to £800m in December. This was split between £100m of additional borrowing on credit cards, and £500m in borrowing in other forms of consumer credit (such as car dealership finance…

Create your Account:

1. Please fill in the boxes below with your email, tick the relevant newsletters you would like to subscribe to and click the Sign Up button.

2. Wait for the double opt-in page to open and confirm your email address.

3. You have subscribed and have agreed to receive the newsletters.

Credit Connect Media is committed to reserving your right to privacy. By using our website and services you consent to our collection and use of your information as described in or privacy policy.

Credit Connect Media has set up a network of business partners whose products and services may be interesting and useful to you. They may contact you from time to time. By subscribing you confirm that you agree to our Terms & Conditions statement.

consumer borrowing

Half of people are borrowing to cover the cost of nasty surprises

Credit borrowing doubled in January

Consumer borrowing falls in January

Login