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January 2026

StepChange Debt Charity says increase in consumer credit borrowing may indicate Christmas debt struggles to come

11 Jan 2026 | Posted In Money advice news

New Money and Credit figures published by the Bank of England show net borrowing of consumer credit by individuals increased to £2.1 billion in November from £1.7 billion in October. StepChange Debt Charity says this could indicate people borrowing more in the lead up to Christmas and if anyone is struggling to repay festive debt, […]

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