
Consumers holding back on borrowing
Personal loan, credit card and overdraft borrowing is being repaid at the highest rate since January 2011. The British Bankersa�� Association (BBA) reported net consumer credit repayments of A?305 million in February. Consumers borrowed A?7 billion on credit cards but A?7.3 billion was repaid. The ongoing squeeze on household incomes is making consumers more careful […]