UK: number of high-cost loans companies | Statista

This statistic displays the number of high-cost short-term credit loan (HCSTC) companies in the United Kingdom (UK) from the third quarter of 2016 to the second quarter 2018. During this period the number of HCSTC loan firms in the UK decreased from 106 in the third quarter of 2016 to 88 in the second quarter of 2018, despite the number of loans increasing.

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

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Release date

January 2019

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Region

United Kingdom

Survey time period

Q3 2016 to the 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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