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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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Source

Release date

2020

Region

United Kingdom

Survey time period

August 2019 to August 2020

Citation formats

United Kingdom (UK): Monthly credit card outstanding credit 2019-2020

Published by ÌÇÐÄÆƽâ°æ Research Department, Nov 17, 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 **** billion British pounds in August 2019 to a value of approximately **** billion British pounds as of August 2020.
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