Tag Result: credit cards
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...
Borrowing costs soar to record high levels
Credit card and loan interest rates rocketed during the fourth quarter of 2023.
Insurance complaints rise to five-year high – FOS
Customer complaints about buildings and other types of insurance received by the ombudsman...
Over two million people now relying on unsecured lending for essentials
As high inflation continues to place huge financial pressure on families, more are now tak...
Credit card spending rises year-on-year
Credit card spending rose in the year to April but the number of outstanding balances that...
More than one in 10 over-55s have mortgage debt prior to retirement
Around 11 per cent of over 55s have mortgage debt before going into their final decade of ...
Brits borrowing more and missing bill payments
More than one in five, 22 per cent, people are borrowing more than they did this time last...
PRA tells specialist lenders to ‘prepare for prolonged’ period of stress
The Bank of England has warned UK-based deposit-taking specialist lenders including buy-to...
SMEs have ‘untapped potential’ for specialist lending sector
SMEs are confident they will experience a boost in trade in the next few months and are co...
Young borrowers at risk of damaging their credit scores
A study has revealed gaps in the knowledge of young people when it comes to credit scores.