philipmould
05-25-2007, 12:22 AM
Market for personal loans fell by £0.2 billion in February, down from the £0.3 billion as recorded in January. The experts say that there was little demand for personal loans the following month, and this led to a decline in the February figures.
The consumer credit figures released by the Major British Banking Groups revealed that £183 million decrease in February out of £187 million constituted personal loans (http://www.ask4loan.co.uk) and overdrafts.
David Dooks, BBA director of statistics, said: "Consumer appetite for credit remains very subdued. There was little personal loan demand."
The consumer credit figures released by the Major British Banking Groups revealed that £183 million decrease in February out of £187 million constituted personal loans (http://www.ask4loan.co.uk) and overdrafts.
David Dooks, BBA director of statistics, said: "Consumer appetite for credit remains very subdued. There was little personal loan demand."