{"id":50872,"date":"2017-04-04T18:21:46","date_gmt":"2017-04-04T11:21:46","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-of-england-sounds-new-alarm-over-consumer-credit-binge\/"},"modified":"2017-04-04T18:29:25","modified_gmt":"2017-04-04T11:29:25","slug":"bank-of-england-sounds-new-alarm-over-consumer-credit-binge","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-of-england-sounds-new-alarm-over-consumer-credit-binge\/","title":{"rendered":"Bank of England sounds new alarm over consumer credit binge"},"content":{"rendered":"<p>&#013;<br \/>\nMinutes show Bank is growing concerned at the mounting risk to lenders as more consumers tap looser borrowing conditionsThe Bank of England has flagged up new concerns about the rapid growth in consumer borrowing as Britons rack up debt on credit cards, car purchase schemes and personal loans.Reinforcing recent warnings from the Bank about signs of a borrowing binge, minutes from a recent policy meeting published on Tuesday suggested it was worried about looser lending conditions such as higher maximum loan limits.  Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2017\/apr\/04\/bank-of-england-sounds-new-alarm-over-consumer-credit-binge\" target=\"_blank\">Bank of England sounds new alarm over consumer credit binge<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Minutes show Bank is growing concerned at the mounting risk to lenders as more consumers&#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-50872","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-dew","jetpack-related-posts":[{"id":51809,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/banks-cracking-down-on-lending-after-borrowing-binge-survey-finds\/","url_meta":{"origin":50872,"position":0},"title":"Banks cracking down on lending after borrowing binge, survey finds","date":"April 13, 2017","format":false,"excerpt":"\r Bank of England has vouced concern over rising consumer debt, including credit cards, car loans and second mortgagesWorried lenders are starting to put the brakes on Britain\u2019s consumer borrowing binge and plan to get tougher on credit card users, according to a Bank of England survey.Its poll of all\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":50872,"position":1},"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":50872,"position":2},"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":65000,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rapid-rise-in-personal-borrowing-is-cooling-says-bank-of-england\/","url_meta":{"origin":50872,"position":3},"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":70434,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/big-jump-in-uk-consumer-borrowing-fuels-likely-interest-rate\/","url_meta":{"origin":50872,"position":4},"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":6362,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/consumer-borrowing-shows-biggest-increase-for-a-decade\/","url_meta":{"origin":50872,"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 &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\/50872"}],"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=50872"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/50872\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=50872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=50872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=50872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}