Number of High-cost loans in the United Kingdom Q3 2016-Q2 2018

This statistic displays the number of high-cost short-term credit loans (HCSTC) in the United Kingdom (UK) from the third quarter of 2016 to the second quarter 2018, in thousands. During this period the number of HCSTC loans in the UK increased from under 1.2 million in the third quarter of 2016 to approximately 1.46 million in the second quarter of 2018.

Number of High-cost short-term credit (HCSTC)* loans in the United Kingdom (UK) from 3rd quarter 2016 to the 2nd quarter 2018

Number of loans in thousands
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Source

Release date

January 2019

Region

United Kingdom

Survey time period

Q3 2016 to Q2 2018

Age group

18 years and older

Supplementary notes

* HCSTC loans are unsecured loans with an annual percentage interest rate (APR) of 100% or more and where the credit is due to be repaid, or substantially repaid, within 12 months.

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