Tag Result: consumer debt
Consumer credit borrowing jumps to highest level since 2017 – BoE
The total amount of credit borrowed rose to £2bn in November from £1.4bn the month befor...
UK households plunge £22bn in debt but ‘picture is only set to get worse’
A quarter of UK households are behind on at least one bill, with the growing debt burden t...
Society ‘rewards’ unsecured debt but it hurts mortgage borrowers – analysis
People taking on more unsecured debt or consolidating it into their mortgage can be detrim...
Six million fall behind on bills due to coronavirus
One in nine people – the equivalent of six million people across the UK – have reporte...
FCA warning on youth racking up debt for day-to-day basics
Financial Conduct Authority (FCA) chief executive Andrew Bailey has warned that a growing ...
Household debt-to-income ratio 60% higher than 1988
The debt-to-income ratio of the UK household sector stood at 137% in the first quarter of ...
Regulator warns against rising ‘mountain of consumer debt’
As charity figures suggest 8.3m people are struggling with debt levels, FCA boss Andrew Ba...
Use second charge loans to consolidate debt, says Clever Lending
Master broker Clever Lending has urged brokers to consider secured loans as a viable debt ...