Tuesday, Nov 21, 2006

Credit card borrowing declining in favour of mortgages

The Herald: Big demand for mortgages as credit card borrowing falls

UK mortgage lending remained robust last month, but consumers' borrowing on credit cards fell for the sixth straight month, industry figures showed yesterday. Seasonally-adjusted figures from the British Bankers' Association showed mortgage lending by the big UK banks rose by a net underlying 5.5bn last month.

Posted by jellycaster @ 06:22 PM (410 views)
Add Comment
Report Article

No comments have been submitted.

Be the first person to add your comment by completing the form below.

Add comment

  • If you do not have an admin password leave the password field blank.
  • If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines
Admin Password
Email Address

Main Blog | Archive | Add Article | Blog Policies