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The UK banking trend indicates borrowing is getting more expensive

By Puja Sharma

September 06, 2022

  • API Banking
  • Bank of England
  • Consumer Borrowing
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The Bank of England recently released credit card borrowing figures–These monthly statistics on the amount of, and interest rates on, borrowing and deposits by households and businesses are used by the Bank’s policy committees to understand economic trends and developments in the UK banking system. Creditspring’s research also shows that the UK’s credit card bill […]

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