Consumers Borrow ?100 Million per Day for Cars
Consumers are borrowing over ?100 million per day to finance new cars according to the latest figures from the Finance and Leasing Association (FLA).
Consumer Borrowing
18-25 Year Old Consumers Borrowing More
Almost a third of consumers aged 18-25 have borrowed more than ?1,000 over the last year according to a new report from Equiniti. In compiling…
Young Consumers Turn to Alternative Lenders
Despite traditional banks still remaining the most popular choice for consumer borrowing, more young consumers are turning to alternative lenders. Research by financial services company…
Bank of England Concerned Over Consumer Credit
Serious concerns have been voiced by the Bank of England over escalating levels of consumer in the UK. Consumer borrowing among British households was shown…