The Consumer Borrowing Report 2024:
Borrowers on the Brink
Download our exclusive research on UK consumers' attitudes to lending in 2024
The report explores:
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Attitudes to Open Banking: 65% of people would
consider giving a lender temporary access to their transaction history if it could lead to a more personalised rate. -
Vulnerability and BNPL: Over half of individuals with mental health conditions (55%) and cognitive disabilities (52%) are utilizing BNPL
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Reputation Matters: Brand reputation (38%) is now equally important as interest rates (39%) for consumers when selecting a lender, altering the lending landscape.