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.
Amount of credit outstanding on credit cards in the United Kingdom (UK) from July 2016 to July 2018
(in billion GBP)
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British Bankers’ Association. (November 17, 2020). Amount of credit outstanding on credit cards in the United Kingdom (UK) from July 2016 to July 2018 (in billion GBP) [Graph]. In Statista. Retrieved November 02, 2024, from https://www.statista.com/statistics/282663/credit-card-outstanding-in-the-united-kingdom-uk-monthly/
British Bankers’ Association. "Amount of credit outstanding on credit cards in the United Kingdom (UK) from July 2016 to July 2018 (in billion GBP)." Chart. November 17, 2020. Statista. Accessed November 02, 2024. https://www.statista.com/statistics/282663/credit-card-outstanding-in-the-united-kingdom-uk-monthly/
British Bankers’ Association. (2020). Amount of credit outstanding on credit cards in the United Kingdom (UK) from July 2016 to July 2018 (in billion GBP). Statista. Statista Inc.. Accessed: November 02, 2024. https://www.statista.com/statistics/282663/credit-card-outstanding-in-the-united-kingdom-uk-monthly/
British Bankers’ Association. "Amount of Credit Outstanding on Credit Cards in The United Kingdom (Uk) from July 2016 to July 2018 (in Billion Gbp)." Statista, Statista Inc., 17 Nov 2020, https://www.statista.com/statistics/282663/credit-card-outstanding-in-the-united-kingdom-uk-monthly/
British Bankers’ Association, Amount of credit outstanding on credit cards in the United Kingdom (UK) from July 2016 to July 2018 (in billion GBP) Statista, https://www.statista.com/statistics/282663/credit-card-outstanding-in-the-united-kingdom-uk-monthly/ (last visited November 02, 2024)
Amount of credit outstanding on credit cards in the United Kingdom (UK) from July 2016 to July 2018 (in billion GBP) [Graph], British Bankers’ Association, November 17, 2020. [Online]. Available: https://www.statista.com/statistics/282663/credit-card-outstanding-in-the-united-kingdom-uk-monthly/
