Spending down on personal loans in 2011 - Personal Finance ...

From: Think Money - 7:12am - February 15, 2012

According to the latest figures from the Finance & Leasing Association (FLA), spending on personal loans and credit cards fell by 2% in December 2011, compared with the same month in 2010. The figures also showed that consumer lending on store cards was up by 8% in December 2011, compared with the same month the previous year, while second mortgages were up by 11% to ?20 million (despite a 6% drop in the number of new loans).Full article: Spending down on personal loans in 2011Visit: www.thinkmoney.com

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Source: http://ewallstreeter.com/spending-down-on-personal-loans-in-3497/

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