Lenders expect credit card defaults to increase in months ahead, survey finds

They survey found defaults on credit cards are expected by banks and building societies to increase in the three months to the end of November (PA) - (PA Archive)

Credit card defaults increased in the three months to the end of August, according to a Bank of England survey of lenders.

Defaults on credit cards are also expected by banks and building societies to increase in the three months to the end of November.