Consumer Credit in the United Kingdom

Consumer credit in the UK is performing well, with 5% growth for gross lending and 7% growth for outstanding balance in 2024. Both card and non-card lending are contributing to the rise in gross lending. This is due to consumers continuously applying for credit to cover their living expenses. In addition, a growing number of local consumers now use credit to pay for daily expenses because of the UK's persistently high cost of living.

The Consumer Credit in United Kingdom report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.

Product coverage: Auto Lending, Card Lending, Durables Lending, Education Lending, Home Lending, Other Personal Lending.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

• Get a detailed picture of the Consumer Credit market;
• Pinpoint growth sectors and identify factors driving change;
• Understand the competitive environment, the market’s major players and leading brands;
• Use five-year forecasts to assess how the market is predicted to develop.