United Kingdom (UK): Monthly credit card outstanding credit 2019-2020
Total credit outstanding is the total amount of unpaid credit card balances for all credit card accounts in the United Kingdom (UK), and on an individual level has the potential to impact a consumer's credit rating. It can be seen that the total value of credit outstanding decreased overall during this period, from a value of almost 70.2 billion British pounds in August 2019 to a value of approximately 60.1 billion British pounds as of August 2020.