Consumer credit

RECENT NEWS
MarketWatch  Jul 10  Comment 
Consumer credit expanded in May at the fastest rate in seven months, in what could be a sign that strong levels of confidence will lead to growth in consumption.
SeekingAlpha  Jul 10  Comment 
Financial Times  Jul 4  Comment 
Some lenders complacent about potential losses, says Prudential Regulation Authority
Mondo Visione  Jul 4  Comment 
The Financial Conduct Authority (FCA) has published proposals on how consumer credit firms should manage risks related to how they pay and manage the performance of their staff. The FCA took over regulation of consumer credit in...
Clusterstock  Jun 29  Comment 
LONDON — Brits borrowed over £300 million more than forecast last month in the form of consumer credit, according to new statistics released by the Bank of England on Thursday morning. Data shows that credit worth £1.732 billion was taken...
guardian.co.uk  Jun 29  Comment 
Borrowing by British households accelerated in May according to figures from the Bank of England, days after it warned on a surge in consumer debt Pound rises above $1.30 on rate hike expectations Rupert Murdoch’s Sky bid referred to...
Wall Street Journal  Jun 27  Comment 
The Bank of England tightened the screws on bank lending to consumers, a key driver of the post-Brexit economy.
SeekingAlpha  Jun 7  Comment 




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Consumer credit is credit extended specifically for personal or household use.

Consumer credit is credit referring specifically to credit extended for personal or household use by individual consumers and their families. This differs from, say, business or bank credit, which is used by corporations or banks.

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