{"id":11652,"date":"2016-04-29T18:50:27","date_gmt":"2016-04-29T11:50:27","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/credit-card-borrowing-surges-to-11-year-high-in-march\/"},"modified":"2016-04-29T18:59:44","modified_gmt":"2016-04-29T11:59:44","slug":"credit-card-borrowing-surges-to-11-year-high-in-march","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/credit-card-borrowing-surges-to-11-year-high-in-march\/","title":{"rendered":"Credit card borrowing surges to 11-year high in March"},"content":{"rendered":"


\nDebt charities to express concern as the amount of new unsecured lending to UK consumers reaches highest level 2005 The amount UK consumers owe on loans and credit cards grew by \u00a31.9bn in March, the highest figure in 11 years driven by a sharp rise in spending on plastic.Bank of England figures show outstanding borrowing on credit cards increased by \u00a3635m over the month, compared with an average increase of \u00a3400m over the previous six months. The figure is the highest since March 2005, and more than three times the increase recorded the previous month. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Credit card borrowing surges to 11-year high in March<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Debt charities to express concern as the amount of new unsecured lending to UK consumers...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-11652","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-31W","jetpack-related-posts":[{"id":36760,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rise-in-consumer-borrowing-is-fastest-since-pre-crisis-says-bank-of-england\/","url_meta":{"origin":11652,"position":0},"title":"Rise in consumer borrowing is fastest since pre-crisis, says Bank of England","date":"January 4, 2016","format":false,"excerpt":"\r Figures show consumer credit rose by 8.3% in the year to November, with borrowing on credit cards up by \u00a3411mConsumer borrowing on credit cards, loans and overdrafts is growing at its fastest rate since before the financial crisis, according to Bank of England figures that brought further warnings over\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":700,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rise-in-consumer-borrowing-is-fastest-since-pre-crisis-levels-says-bank-of-england\/","url_meta":{"origin":11652,"position":1},"title":"Rise in consumer borrowing is fastest since pre-crisis levels, says Bank of England","date":"January 4, 2016","format":false,"excerpt":"\r BoE figures show consumer credit was up by 8.3% in the year to November, with borrowing on credit cards up by \u00a3411mConsumer borrowing on credit cards, loans and overdrafts is growing at its fastest rate since before the financial crisis, figures from the Bank of England show.Unsecured consumer credit\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70434,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/big-jump-in-uk-consumer-borrowing-fuels-likely-interest-rate\/","url_meta":{"origin":11652,"position":2},"title":"Big jump in UK consumer borrowing fuels likely interest rate","date":"October 30, 2017","format":false,"excerpt":"\r The 9.9% annual growth figure further adds to concerns of unmanageable debt among UK households as Bank of England meets to set borrowing rates Consumers maintained their borrowing habit in September, as a near-double-digit increase in lending to households left the Bank of England on track to raise interest\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":76044,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-consumers-trapped-in-credit-card-debt-for-longer-than-thought\/","url_meta":{"origin":11652,"position":3},"title":"UK consumers trapped in credit card debt for longer than thought","date":"January 8, 2018","format":false,"excerpt":"\r Bank of England and financial watchdog found 89% of card debt was held by consumers also in debt two years agoBritish consumers are trapped by credit card debt for longer than previously thought, according to a study by officials at the Bank of England and the City regulator, as\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18046,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-borrowing-rises-at-fastest-rate-in-more-than-a-decade\/","url_meta":{"origin":11652,"position":4},"title":"UK borrowing rises at fastest rate in more than a decade","date":"June 29, 2016","format":false,"excerpt":"\r Value of credit cards, personal loans and overdrafts rose by 9.9% on a year earlier in MayBritish consumers borrowed more than expected in May to buy homes and fund other purchases in a sign of confidence before last week\u2019s shock decision to leave the EU.The amount of credit extended\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6362,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/consumer-borrowing-shows-biggest-increase-for-a-decade\/","url_meta":{"origin":11652,"position":5},"title":"Consumer borrowing shows biggest increase for a decade","date":"February 29, 2016","format":false,"excerpt":"\r Borrowing on credit cards, loans and overdrafts rose \u00a31.6bn in January, according to Bank of England figuresUK consumers have \u201crediscovered their zeal for borrowing\u201d according to economists, as latest official figures showed unsecured borrowing rose by 9.1% in the 12 months to January - the biggest annual increase for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/11652"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=11652"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/11652\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=11652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=11652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=11652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}