Credit card debt rose £1.5bn in February in biggest monthly rise for 30 YEARS - This is Money


3/29/2022 12:00:00 AM3 years 1 month ago
by Helen Crane

New credit card borrowing in February was up 9.4% in a year while the size of the typical mortgage increased 10.4%, according to latest Bank of England data.

Credit card borrowing saw its biggest monthly spike in 30 years last month, in a clear sign that Britons are struggling to cope with the cost of living crisis. New credit card borrowing in February … [+4091 chars]

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