BoE Credit Conditions Survey Report: Default rates on unsecured lending rose in Q2

Below are some of the key results from the BoE's Credit Conditions Survey report, released this Thursday.

   •  Q3 default rates for lenders of unsecured loans seen up again.
   •  Demand for consumer lending is expected to rise in the next 3 months, supply to fall slightly.
   •  Little change in demand/supply of mortgage lending anticipated in the next 3 months.