Lenders Expect Credit Card Defaults to Increase in Months Ahead, Survey Finds

UK card defaults rise for longest period in 17 years: BOE

Households appear to be taking on more debt just to get by Read more at The Business Times.

Lenders expect credit card defaults to increase in months ahead, survey finds

The Bank of England’s Credit Conditions Survey found such defaults have already increased in recent months.

Credit card defaults rise as UK households struggle under mounting financial pressure - London Business News

Credit card defaults increased in the three months to August, according to the Bank of England, offering a fresh indication that financial pressure is becoming more acute for households even… The post Credit card defaults rise as UK households struggle under mounting financial pressure appeared first on London Business News

UK Card Defaults Rise For Longest Period in 17 Years, BOE Says

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Rising defaults show worrying trend for households across Britain