{"id":60634,"date":"2017-07-13T20:00:10","date_gmt":"2017-07-13T13:00:10","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/rise-in-credit-card-default-rate-adds-to-concerns-over-household-finances\/"},"modified":"2017-07-13T20:10:00","modified_gmt":"2017-07-13T13:10:00","slug":"rise-in-credit-card-default-rate-adds-to-concerns-over-household-finances","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rise-in-credit-card-default-rate-adds-to-concerns-over-household-finances\/","title":{"rendered":"Rise in credit card default rate adds to concerns over household finances"},"content":{"rendered":"


\nDefault rates \u2018increased significantly\u2019 between April and June, Bank of England says, adding it expects availability of credit to fall in coming monthsThe number of people defaulting on their credit card bills and personal loans jumped in the three months to the end of June, according the Bank of England, underlining the pressure on household budgets as prices rise faster than wages.Default rates \u201cincreased significantly\u201d between April and June, and lenders expect rates to increase further on credit card lending in the third quarter, the Bank said in its latest credit conditions survey. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Rise in credit card default rate adds to concerns over household finances<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Default rates \u2018increased significantly\u2019 between April and June, Bank of England says, adding it expects...<\/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-60634","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-fLY","jetpack-related-posts":[{"id":128486,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-does-the-bank-of-england-interest-rate-rise-mean-for-you\/","url_meta":{"origin":60634,"position":0},"title":"What does the Bank of England interest rate rise mean for you?","date":"August 4, 2022","format":false,"excerpt":"\r From first-time home buyers to credit card users, we look at how your finances may be affectedThe Bank of England has voted to raise interest rates by 0.5 percentage points to 1.75% as the UK battles to prevent inflation running out of control. We look at what that means\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":136624,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-interest-rate-rise-how-will-it-affect-you\/","url_meta":{"origin":60634,"position":1},"title":"UK interest rate rise: how will it affect you?","date":"May 11, 2023","format":false,"excerpt":"\r The quarter-point rise to 4.5% hits mortgage holders, credit card users and people seeking loans, but savers could benefitThe Bank of England has yet again hiked interest rates, in the 12th consecutive rise since December 2021. This time the increase is 0.25 percentage points \u2013 taking the base rate\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133016,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-of-england-interest-rate-rise-what-it-means-for-borrowers-and-savers\/","url_meta":{"origin":60634,"position":2},"title":"Bank of England interest rate rise \u2013 what it means for borrowers and savers","date":"December 15, 2022","format":false,"excerpt":"\r Rate rise to 3.5% affects everything from mortgages to credit cards, loans and savings. Here is all you need to knowAnalysis: UK borrowers face a serious reality checkNews story: interest rates rise to 3.5%The Bank of England has once again raised interest rates \u2013 this time by 0.5 percentage\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":567,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-great-credit-card-rip-off\/","url_meta":{"origin":60634,"position":3},"title":"The great credit card rip off","date":"February 14, 2015","format":false,"excerpt":"\r While the Bank of England base rate has been stuck on 0.5% for five years, the interest charged on card balances has shot up to nearly 19%Are you being ripped off by your credit card company? Figures from the Bank of England this week reveal that far from cutting\u2026","rel":"","context":"In "Property News"","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":60634,"position":4},"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":93721,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/credit-card-default-rise-prompts-fears-uk-could-be-heading-for-downturn\/","url_meta":{"origin":60634,"position":5},"title":"Credit card default rise prompts fears UK could be heading for downturn","date":"July 12, 2018","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Credit card default rise prompts fears UK could be heading for downturn","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\/60634"}],"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=60634"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/60634\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=60634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=60634"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=60634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}