insurance credit

Over half of SMEs use credit to fund insurance premium

5th June 2025 Business Lending | #insurance credit

New research from Premium Credit has shown that more than half of SMEs are continuing to use credit to ensure they maintain insurance cover despite rising premiums. The data shows that 54% of SMEs (55% in 2024) use some form of credit to pay for insurance, borrowing an average £1,180. Around 15% of them say they…

One in four consumers borrow to fund insurance credit

4th November 2021 Consumer Lending | #insurance credit

Consumers using credit to buy their insurance cover are increasing the amount they borrow in response to rising premiums and a growing squeeze on household finances, new research from Premium Credit has shown. The study found that over the past year, nearly seven out of 10 (69%) people used some form of credit to pay…

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insurance credit

Over half of SMEs use credit to fund insurance premium

One in four consumers borrow to fund insurance credit

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