The effective floating interest rates of outstanding consumer credit other than overdraft in the United Kingdom was over 6.97 percent in December 2024. The floating rate for secured loans and unsecured consumer lending was similar.
Average effective interest rates of outstanding household loans in the United Kingdom (UK) from January 2006 to December 2024, by type of credit and rate
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Average effective interest rates of outstanding household loans in the United Kingdom (UK) from January 2006 to December 2024, by type of credit and rate
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Bank of England. (January 26, 2025). Average effective interest rates of outstanding household loans in the United Kingdom (UK) from January 2006 to December 2024, by type of credit and rate [Graph]. In Statista. Retrieved February 20, 2025, from https://www.statista.com/statistics/1359470/effective-interest-rates-of-outstanding-household-loans-uk-by-type/
Bank of England. "Average effective interest rates of outstanding household loans in the United Kingdom (UK) from January 2006 to December 2024, by type of credit and rate." Chart. January 26, 2025. Statista. Accessed February 20, 2025. https://www.statista.com/statistics/1359470/effective-interest-rates-of-outstanding-household-loans-uk-by-type/
Bank of England. (2025). Average effective interest rates of outstanding household loans in the United Kingdom (UK) from January 2006 to December 2024, by type of credit and rate. Statista. Statista Inc.. Accessed: February 20, 2025. https://www.statista.com/statistics/1359470/effective-interest-rates-of-outstanding-household-loans-uk-by-type/
Bank of England. "Average Effective Interest Rates of Outstanding Household Loans in The United Kingdom (Uk) from January 2006 to December 2024, by Type of Credit and Rate." Statista, Statista Inc., 26 Jan 2025, https://www.statista.com/statistics/1359470/effective-interest-rates-of-outstanding-household-loans-uk-by-type/
Bank of England, Average effective interest rates of outstanding household loans in the United Kingdom (UK) from January 2006 to December 2024, by type of credit and rate Statista, https://www.statista.com/statistics/1359470/effective-interest-rates-of-outstanding-household-loans-uk-by-type/ (last visited February 20, 2025)
Average effective interest rates of outstanding household loans in the United Kingdom (UK) from January 2006 to December 2024, by type of credit and rate [Graph], Bank of England, January 26, 2025. [Online]. Available: https://www.statista.com/statistics/1359470/effective-interest-rates-of-outstanding-household-loans-uk-by-type/
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