CCR Magazine

You are here  :Home arrow News arrow Consumer finance in July at same level as last year
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines


Commercial Credit News


Consumer finance in July at same level as last year PDF Print E-mail
Thursday, 08 September 2016
New figures released today by the Finance & Leasing Association (FLA) show that consumer finance new business in July was at a similar level to the same month last year.

Credit card and personal loan new business together fell by 1% compared with July 2015, while new business in the second charge mortgage market was down 9% by value and 18% by volume over the same period.

Commenting on the figures, Geraldine Kilkelly, Head of Research and Chief Economist at the FLA, said: “FLA consumer finance new business grew by 10% in the first seven months of 2016, despite a relatively quiet month in July. The FLA’s latest research carried out by Oxford Economics suggests that new UK consumer credit will be broadly stable in 2017. Maintaining consumer confidence will remain a key task for the Government, the Bank of England and other public bodies in the coming months.”

 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


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

Registered in England No: 05483197