credit card defaults

Credit card defaults rise

9th October 2026 Arrears and Recoveries | #credit card defaults #featured main #mortgages #re-mortgaging

Latest Bank of England data (Quarter 3 2026) has shown that credit card defaults increased in the three months to August, with banks and building societies expecting further rises by November, highlighting growing risks in unsecured lending. Within the overall figure, demand for credit card lending was unchanged. Mortgage defaults fell slightly and are expected…

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credit card defaults

Credit card defaults rise

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