CCR Magazine

CSA Top Banner
You are here  :Home arrow News arrow Consumer finance up 11% in January
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines

Headlines

 
Commercial Credit News

Headlines

 
Consumer finance up 11% in January PDF Print E-mail
Thursday, 10 March 2016

New figures released today by the Finance & Leasing Association (FLA) show growth of 11% in consumer finance new business in January, compared with the same month last year.


Credit card and personal loan new business together grew by 9% compared with January 2015, while retail store and online credit increased by 1%. The second charge mortgage market reported new business up 36% by value and 17% by volume over the same period.

Commenting on the figures, Geraldine Kilkelly, Head of Research and Chief Economist at the FLA, said: “January saw growth across all of the main consumer finance products. Consumer confidence remains high with household spending expected to be the main driver of economic growth again this year.”
 
Enghouse Side Banner

CSA side

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

CSA

subscriptions

CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


 

Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road
Southend-on-Sea
Essex
SS1 1EP

Registered in England No: 05483197