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consumer credit

  • Housing ladder? What about those who can’t get on the credit ladder

    Opinion

    There are plenty of column inches dedicated to getting more Brits on the housing ladder, but what about the credit ladder, asks Jono Gillespie.

  • Mortgages rebound in lift for housing market

    Economics

    Britons’ borrowing of mortgages and consumer credit rose at a faster pace in June, fresh Bank of England data has revealed, in signs that the recovery in the housing market is “well underway”.  In monthly statistics released by the Bank to signal trends in the UK banking system, it was revealed that net borrowing of [...]

    The Bank of England's former Governor has raised alarm at the UK's high levels of debt.
  • Mortgage borrowing hits highest level in nearly two years

    Property

    The amount of mortgage debt Brits took on in July reached its highest level since November 2022 in another sign that consumer confidence is returning. Brits borrowed £2.8bn of mortgage debt in July, the highest since £.2bn in November 2022 and up from £2.6bn in June, according to the latest Money and Credit data from [...]

    Rents have risen by more than a third since 2022
  • Experian: Strong consumer sales helps firm maintain expectations

    July 16, 2024

    Strong growth in North America helped consumer and data analytics firm Experian to maintain its guidance in a quarterly update which saw the firm's total revenue increase substantially.

  • International Personal Finance makes strong start to year despite Poland difficulties

    May 2, 2024

    Consumer credit provider International Personal Finance (IPF) has posted a strong first quarter performance thanks to good customer repayment rates and high credit quality.

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