UK adults to borrow over £10bn in next 12 months
Industry News | 07/09/22
An article published by Credit Strategy last week, highlights that UK adults will borrow £101.1bn on new credit cards, loans, overdrafts, and other forms of credit arrangements in the next 12 months. The research, carried out by YouGov on behalf of Smart Money People, reveals that almost half of this amount (47%) will be borrowed over the coming Autumn and Winter months.
Source: Credit Strategy