New consumer lending in the UK 2024, by type

In February 2024, the monthly new consumer lending through credit cards in the United Kingdom (UK) amounted to nearly 23 billion British pounds. The monthly gross consumer lending level excluding student loans increased steadily until March 2020, when it decreased sharply. Non-credit card consumer lending made up a smaller fraction of the total.

Gross new monthly consumer lending excluding student loans in the United Kingdom (UK) from January 2007 to February 2024, by type (in billion GBP)

Characteristic	Credit Card	Other*
Feb 2024	22.88	8.11
Jan 2024	22.52	8.07
Dec 2023	22.2	8.28
Nov 2023	22.72	8.07
Oct 2023	22.04	7.98
Sep 2023	22.26	7.8
Aug 2023	22.05	7.74
Jul 2023	22.15	7.7
Jun 2023	22.05	8.01
May 2023	21.72	7.38
Apr 2023	21.8	7.35
Mar 2023	21.54	7.13
Feb 2023	21.43	7.19
Jan 2023	21.02	7.09
Dec 2022	20.12	7.02
Nov 2022	20.7	6.87
Oct 2022	21.16	7.11
Sep 2022	20.19	6.84
Aug 2022	20.44	7.37
Jul 2022	20.43	7.23
Jun 2022	20.02	7.1
May 2022	20.75	7.32
Apr 2022	19.95	7.21
Mar 2022	19.57	6.59
Feb 2022	19.27	7.18
Jan 2022	18.64	7.46
Dec 2021	17.78	7.08
Nov 2021	19.15	7.12
Oct 2021	19.17	6.97
Sep 2021	18.29	6.52
Aug 2021	17.93	6.95
Jul 2021	16.89	6.61
Jun 2021	16.65	7.03
May 2021	16.47	6.69
Apr 2021	14.83	6.37
Mar 2021	14.2	5.83
Feb 2021	13.38	5.44
Jan 2021	12.62	5.13
Dec 2020	14.11	6.31
Nov 2020	14.51	5.57
Oct 2020	14.87	6.35
Sep 2020	14.81	6.78
Aug 2020	14.89	6.56
Jul 2020	13.76	6.5
Jun 2020	11.94	5.55
May 2020	10.7	2.82
Apr 2020	9.39	2.19
Mar 2020	14.85	5.86
Feb 2020	18.3	7.61
Jan 2020	18.4	7.46
Dec 2019	18.34	7.83
Nov 2019	17.86	7.36
Oct 2019	17.75	7.25
Sep 2019	18.11	7.22
Aug 2019	18.15	7.51
Jul 2019	17.65	7.13
Jun 2019	18.05	7.08
May 2019	17.98	6.96
Apr 2019	17.92	7.16
Mar 2019	18.09	7.09
Feb 2019	17.72	7.23
Jan 2019	17.66	7.21
Dec 2018	17.6	7.12
Nov 2018	17.71	6.99
Oct 2018	17.55	7.05
Sep 2018	17.54	6.86
Aug 2018	17.4	7.07
Jul 2018	17.29	7.15
Jun 2018	17.48	7.26
May 2018	17.25	7.27
Apr 2018	17.06	7.06
Mar 2018	17.05	7.17
Feb 2018	16.82	7.01
Jan 2018	16.7	6.9
Dec 2017	16.58	6.98
Nov 2017	16.56	7.12
Oct 2017	16.33	7.06
Sep 2017	16.28	6.99
Aug 2017	15.99	6.81
Jul 2017	16.52	6.81
Jun 2017	15.88	6.62
May 2017	15.84	6.59
Apr 2017	16.3	6.64
Mar 2017	15.76	6.61
Feb 2017	15.94	6.61
Jan 2017	15.91	6.69
Dec 2016	15.76	6.7
Nov 2016	15.4	6.62
Oct 2016	16.07	6.53
Sep 2016	15.34	6.48
Aug 2016	15.22	6.31
Jul 2016	15.36	6.32
Jun 2016	14.98	6.32
May 2016	15.12	6.27
Apr 2016	15.12	6.31
Mar 2016	14.96	6.3
Feb 2016	15.23	6.2
Jan 2016	15.11	6.12
Dec 2015	14.8	6.11
Nov 2015	14.97	5.99
Oct 2015	14.93	6
Sep 2015	14.71	5.99
Aug 2015	14.68	6.14
Jul 2015	14.49	5.86
Jun 2015	14.57	5.75
May 2015	14.55	5.71
Apr 2015	14.41	5.66
Mar 2015	14.28	5.65
Feb 2015	14.25	5.5
Jan 2015	14.28	5.46
Dec 2014	14.36	5.43
Nov 2014	14.28	5.44
Oct 2014	14.18	5.38
Sep 2014	13.1	5.38
Aug 2014	13.31	5.38
Jul 2014	12.93	5.28
Jun 2014	13.15	5.29
May 2014	13.25	5.25
Apr 2014	12.98	5.22
Mar 2014	13.2	5.11
Feb 2014	12.95	5.25
Jan 2014	13.07	5.07
Dec 2013	12.98	4.98
Nov 2013	13.06	4.91
Oct 2013	12.87	4.68
Sep 2013	13.06	4.83
Aug 2013	13.13	4.79
Jul 2013	12.79	4.74
Jun 2013	12.78	4.79
May 2013	12.45	4.65
Apr 2013	12.32	4.46
Mar 2013	12.44	4.52
Feb 2013	12.29	4.4
Jan 2013	12.04	4.32
Dec 2012	12.12	4.27
Nov 2012	11.75	4.12
Oct 2012	11.72	4.1
Sep 2012	11.8	4.12
Aug 2012	11.4	3.88
Jul 2012	11.47	3.85
Jun 2012	11.36	3.78
May 2012	11.43	3.74
Apr 2012	11.62	3.73
Mar 2012	11.53	3.72
Feb 2012	11.09	3.6
Jan 2012	11.4	3.74
Dec 2011	11.58	3.28
Nov 2011	11.09	3.36
Oct 2011	11.58	3.22
Sep 2011	11.36	3.12
Aug 2011	11.42	3.12
Jul 2011	11.56	3.07
Jun 2011	11.41	2.97
May 2011	11.4	3.1
Apr 2011	11.37	2.96
Mar 2011	11.09	2.97
Feb 2011	11.25	2.98
Jan 2011	11.36	3.04
Dec 2010	11.05	2.98
Nov 2010	11.25	3.25
Oct 2010	11.07	3.07
Sep 2010	11.03	3.09
Aug 2010	11.12	3.05
Jul 2010	11.01	3.05
Jun 2010	11.1	3.14
May 2010	10.54	3.08
Apr 2010	10.83	3.14
Mar 2010	10.75	3.13
Feb 2010	10.7	3.12
Jan 2010	10.29	2.92
Dec 2009	10.19	3.19
Nov 2009	10.2	3.1
Oct 2009	10.1	3.2
Sep 2009	10.3	3.16
Aug 2009	9.87	3.14
Jul 2009	10.04	3.18
Jun 2009	10.02	3.44
May 2009	10.04	3.26
Apr 2009	10.19	3.34
Mar 2009	10.24	3.38
Feb 2009	9.91	3.35
Jan 2009	10.26	3.57
Dec 2008	10.5	3.81
Nov 2008	10.53	3.98
Oct 2008	10.76	4.06
Sep 2008	10.95	4.39
Aug 2008	11.06	4.41
Jul 2008	10.84	4.72
Jun 2008	11	4.8
May 2008	11.15	4.95
Apr 2008	10.95	5.07
Mar 2008	11.02	5.16
Feb 2008	11.13	5.49
Jan 2008	11.24	5.48
Dec 2007	11.23	5.61
Nov 2007	11.03	5.92
Oct 2007	10.83	5.74
Sep 2007	10.72	5.71
Aug 2007	10.67	6.04
Jul 2007	10.78	5.99
Jun 2007	10.58	6
May 2007	10.57	6.07
Apr 2007	10.51	6.13
Mar 2007	10.57	6.1
Feb 2007	10.19	6.18
Jan 2007	10.49	6.49

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Release date

April 2024

More information

Region

United Kingdom

Survey time period

January 2007 to February 2024

Supplementary notes

Seasonally Adjusted.

*Other’ lending refers mainly toverdrafts and other loans/advances).

Due to the seasonal adjustment, the sum of these segments may not add up to the total value of gross lending.

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