Home BoE Credit Conditions Survey Report: Default rates on unsecured lending rose in Q2

BoE Credit Conditions Survey Report: Default rates on unsecured lending rose in Q2

Updated: 12 Jul. 2018 | 10:41

Below are some of the key results from the BoE’s Credit Conditions Survey report, released this Thursday.

“¢ Q3 default rates for lenders of unsecured loans seen up again.
“¢ Demand for consumer lending is expected to rise in the next 3 months, supply to fall slightly.
“¢ Little change in demand/supply of mortgage lending anticipated in the next 3 months.

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