household borrowing

Households continue to borrow and increasingly falling into debt

13th March 2023 Consumer Collections | #debt #household borrowing

As households grapple with the rising cost of living, the latest update to Lowell’s Financial Vulnerability Index (FVI), a tool used to measure and track financial resilience across the UK based on anonymised data from over 9.5 million Lowell customer accounts and other publicly available data, has shown that households are continuing to borrow and…

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household borrowing

Households continue to borrow and increasingly falling into debt

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