{"id":1593,"date":"2016-01-15T20:15:36","date_gmt":"2016-01-15T13:15:36","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/car-loans-drive-surge-in-uk-consumer-borrowing\/"},"modified":"2016-01-15T20:35:30","modified_gmt":"2016-01-15T13:35:30","slug":"car-loans-drive-surge-in-uk-consumer-borrowing","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/car-loans-drive-surge-in-uk-consumer-borrowing\/","title":{"rendered":"Car loans drive surge in UK consumer borrowing"},"content":{"rendered":"<p>&#013;<br \/>\nPersonal loans and credit card borrowing jumped in November, says Bank of EnglandA surge in loans for new cars was behind a big increase in lending to households, according to Bank of England figures, which may raise fresh fears that families are falling into the trap of debt-fuelled spending. The Bank, in its quarterly credit conditions survey, said unsecured borrowing by households \u2013 such as personal loans and credit cards, but not mortgages \u2013 jumped by 8.3% in November.  Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.theguardian.com\/money\/2016\/jan\/15\/car-loans-uk-consumer-borrowing-bank-of-england\" target=\"_blank\">Car loans drive surge in UK consumer borrowing<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Personal loans and credit card borrowing jumped in November, says Bank of EnglandA surge in&#46;&#46;&#46;<\/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-1593","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-pH","jetpack-related-posts":[{"id":70434,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/big-jump-in-uk-consumer-borrowing-fuels-likely-interest-rate\/","url_meta":{"origin":1593,"position":0},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":65000,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rapid-rise-in-personal-borrowing-is-cooling-says-bank-of-england\/","url_meta":{"origin":1593,"position":1},"title":"Rapid rise in personal borrowing is cooling, says Bank of England","date":"August 30, 2017","format":false,"excerpt":"\r Consumer borrowing through credit cards, overdrafts and personal loans slows slightly amid squeeze on living standards The rapid growth in borrowing by consumers appears to be slowing amid a squeeze on households, despite remaining at levels unseen since the financial crisis.The annual rate of growth for consumer borrowing through\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1779,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/spend-spend-spend-its-what-the-chancellor-is-praying-for\/","url_meta":{"origin":1593,"position":2},"title":"Spend, spend, spend \u2013 it\u2019s what the chancellor is praying for","date":"January 17, 2016","format":false,"excerpt":"\r Personal debt and the booming property market have become the main drivers of growth in Osborne\u2019s economyGeorge Osborne has already put in place legislation to prevent future governments racking up more debt, but consumer borrowing? Well, that\u2019s another matter. Consumers who spend all their wages and then a bit\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":1593,"position":3},"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 &quot;Property News&quot;","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":1593,"position":4},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":981,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-consumer-debt-reaches-seven-year-high-in-uk\/","url_meta":{"origin":1593,"position":5},"title":"New consumer debt reaches seven-year high in UK","date":"January 3, 2015","format":false,"excerpt":"\r Consumer helplines sound alarm bells as new borrowing on credit cards, loans and overdrafts in November tops \u00a31.25bn Consumer helplines have sounded a warning after Britons ran up their highest level of new debt in November for nearly seven years, with the month\u2019s borrowing on credit cards, loans and\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/1593"}],"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=1593"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/1593\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=1593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=1593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=1593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}