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Consumer Attitudes towards Debt - UK - July 2019

Consumer Attitudes towards Debt - UK - July 2019

“Despite a number of positive indicators for households such as rising real wages and historically low levels of unemployment, many remain cautious about committing to big ticket purchases due to a combination of political and economic uncertainty as well as the threat of rising interest rates. This makes for a challenging market for lenders that need to find a way to appeal to borrowers who are increasingly focused on clearing their debts.”

– Thomas Slide, Senior Research Analyst

This report examines the following issues:

Addressing concern over the impact of debt on mental health
Good household finances but poor economic outlook causes credit growth to stall


TOC available on request

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