{"id":51336,"date":"2017-04-08T22:00:05","date_gmt":"2017-04-08T15:00:05","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/are-the-wheels-about-to-fall-off-the-credit-gravy-train\/"},"modified":"2017-04-08T22:15:18","modified_gmt":"2017-04-08T15:15:18","slug":"are-the-wheels-about-to-fall-off-the-credit-gravy-train","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/are-the-wheels-about-to-fall-off-the-credit-gravy-train\/","title":{"rendered":"Are the wheels about to fall off the credit gravy train?"},"content":{"rendered":"


\nConsumer spending may be relatively robust, but regulators worry that it\u2019s propped up by worryingly high – think 2008 – levels of personal debtIn Threadneedle Street, the alarm bells are ringing. The Bank of England is concerned that consumer spending is underpinned by rising credit card debt, personal loans and car finance deals. Its financial policy committee (FPC) and Prudential Regulation Authority are checking on banks\u2019 lending to people who may not be able to repay, the impact of that on lenders \u2013 especially if interest rates rise \u2013 and the availability of credit. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Are the wheels about to fall off the credit gravy train?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Consumer spending may be relatively robust, but regulators worry that it\u2019s propped up by worryingly...<\/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-51336","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-dm0","jetpack-related-posts":[{"id":53263,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/whiplash-the-myth-that-funds-a-20bn-gravy-train\/","url_meta":{"origin":51336,"position":0},"title":"Whiplash: the myth that funds a \u00a320bn gravy train","date":"April 29, 2017","format":false,"excerpt":"\r After an accident I stepped away uninjured but was pestered to claim. Now, a brave neurosurgeon speaks outTen years ago I was in a country lane in Leicestershire, indicating to turn right to go into a hotel for a family event. Seconds later my car was a write-off after\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":53744,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/brits-shy-away-from-a-place-in-the-sun-plus-its-the-last-day-to-spend-old-fivers\/","url_meta":{"origin":51336,"position":1},"title":"Brits shy away from a place in the sun, plus it's the last day to spend old fivers","date":"May 4, 2017","format":false,"excerpt":"\r Also, how whiplash is funding a \u00a320bn gravy train, and our Consumer Champions lock horns with Bovis and NatWestHello and welcome to this week\u2019s Money Talks \u2013 a roundup of the week\u2019s biggest stories and some things you may have missed. Continue reading...\r \r Source : theguardian.com\r Read more...Brits\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1593,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/car-loans-drive-surge-in-uk-consumer-borrowing\/","url_meta":{"origin":51336,"position":2},"title":"Car loans drive surge in UK consumer borrowing","date":"January 15, 2016","format":false,"excerpt":"\r Personal 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.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64182,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-credit-and-debit-card-spending-%e2%80%8bgrowing%e2%80%8b-at-fastest-rate-since-2008\/","url_meta":{"origin":51336,"position":3},"title":"UK credit and debit card spending \u200bgrowing\u200b at fastest rate since 2008","date":"August 22, 2017","format":false,"excerpt":"\r New figures showing borrowing is rising more than five times faster than earnings come after warnings from Bank of England New figures show spending on credit, debit and charge cards is growing at the fastest rate since 2008, rising more than five times faster than earnings in a fresh\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101826,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-sees-borrowing-slow-and-consumer-confidence-fall\/","url_meta":{"origin":51336,"position":4},"title":"UK sees borrowing slow and consumer confidence fall","date":"November 29, 2018","format":false,"excerpt":"\r Credit growth at lowest level since May 2015 as spending power squeezed\r \r Source : ft.com\r Read more...UK sees borrowing slow and consumer confidence fall","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":59278,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-in-credit-splurge-as-pay-is-squeezed-bank-of-england-figures-show\/","url_meta":{"origin":51336,"position":5},"title":"UK in credit splurge as pay is squeezed, Bank of England figures show","date":"June 29, 2017","format":false,"excerpt":"\r Soaring level of borrowing on credit cards, overdrafts and loans could bolster case for interest rate rise, say expertsBritain\u2019s hard-pressed consumers are increasingly turning to credit cards, overdrafts and loans to support their spending, according to the Bank of England.Threadneedle Street\u2019s monthly report on money and credit found that\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\/51336"}],"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=51336"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/51336\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=51336"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=51336"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=51336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}