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UK Lenders Forecast Rise In Household Loan Defaults In Q1: BoE Survey

Por: RTTNews Business January 18, 2024

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UK lenders expect default rates on both secured and unsecured loans to households to increase in the first quarter, the Credit Conditions Survey from the Bank of England showed on Thursday. Banks said the default rates on secured and unsecured loans to households increased in the fourth quarter of 2023 and they are set to rise again in the first quarter. Defaults for credit cards and other loans are also expected to increase in the first... + full article



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