Personal borrowing climbs by 14%
- Posted by studio55
- On January 27, 2020
- 0 Comments
Personal borrowing through loans last month was 14% higher than in December 2018 but UK Finance said that reflected “the exceptionally weak demand a year earlier”.
Credit card spending climbed 7.3% over the year to £11.8bn in December but the actual level of borrowing on cards is currently growing at 2.4% a year.
