Consumer Credit in the United Kingdom increased to 1326 GBP Million in October from 785 GBP Million in September of 2019. Consumer Credit in the United Kingdom averaged 951.85 GBP Million from 1993 until 2019, reaching an all time high of 2240 GBP Million in January of 2005 and a record low of -1177 GBP Million in August of 2009. Consumer credit (excluding student loans) is defined as borrowing by UK individuals to finance current expenditure on goods and/or services excluding loans issued by the Student Loans Company. Consumer credit (excluding student loans) is split into two components; credit card lending and ‘other’ lending (mainly overdrafts and other loans/advances). This page provides the latest reported value for – United Kingdom Consumer Credit – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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