All timelines
EconomyUnited Kingdom

Lenders expect credit card defaults to increase in the months ahead, Bank of England survey finds

4 articles from 2 sources
First reported on Thursday 8 October 2026 at 06:17 EDT by Evening Standard·Latest article on Thursday 8 October 2026 at 07:10 EDT

Summary

Lenders expect credit card defaults to increase in the months ahead, according to the Bank of England's Credit Conditions Survey, which found such defaults have already increased in recent months.

Latest: The Bank of England's Credit Conditions Survey found that lenders expect credit card defaults to increase in the months ahead, after such defaults already increased in recent months.

Written automatically by an AI from the articles' headlines and descriptions. It can contain errors: follow the links to read the articles.

How it unfolded

  1. Thursday 8 October

    The Bank of England's Credit Conditions Survey found that lenders expect credit card defaults to increase in the months ahead, after such defaults already increased in recent months.