Financial Services » Banking » Consumer lending in the UK | written-off consumer credit loans 2016-2021

Share of consumer credit loan write-offs in the UK 2016-2021

Share of consumer credit loan write-offs in the United Kingdom from 2016 to 2021
Created with Highcharts 5.0.141.61.61.31.31.31.31.51.51.71.72.12.1201620172018*2019*2020*2021*00.511.522.5

The data shows the forecasted share of consumer credit loans that are written-off in the UK between 2016 to 2021. In 2016, 1.6% of consumer credit loans were written-off. The share of write-offs is expected to fluctuate over the time period displayed to an estimated 2.1% by 2021.

2016 1.6
2017 1.3
2018 1.3
2019 1.5
2020 1.7
2021 2.1