People in the UK: have you been borrowing more money than you used to?

Gross new consumer lending in the United Kingdom has been slowly increasing over the past decade, except during the beginning of the Covid-19 pandemic. Most new monthly consumer loans, with student loans excluded, were credit card loans, according to Statista. Photograph: Dylan Gillis/Unsplash

We’re interested in hearing from UK householders about their recent borrowing behaviour.

Analysis of statistics in the November economic outlook produced by the government’s Office for Budget Responsibility shows that unsecured debt, also covering many car loans, is forecast to rise £154bn by 2028, the party said.

We’d like to know whether you have taken on more consumer debt in recent months than you had previously, how much you borrowed, from whom and for what purposes.

We’re also keen to hear how consumer debt repayments are affecting people in the UK.

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