consumer credit

Consumer credit predicted to fall 0.7%

13th December 2021 Consumer Lending | #consumer credit

Net lending via credit cards and personal loans is also set to end the year in negative territory, falling 0.7% on top of 2020’s 9.8% decline according to the latest EY ITEM Club for Financial Services Forecast. The lrnfingfigures equates to a £1.4bn fall in the stock of consumer credit, as households have made more repayments…

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consumer credit

Consumer credit predicted to fall 0.7%

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