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http://beta.aalf.org/wiki/index.php?action=history&feed=atom&title=User%3ADeedeeMendosa251 User:DeedeeMendosa251 - Revision history 2026-11-02T00:33:27Z Revision history for this page on the wiki MediaWiki 1.13.3 http://beta.aalf.org/wiki/index.php?title=User:DeedeeMendosa251&diff=38632&oldid=prev DeedeeMendosa251: New page: Cautious consumers' repayments on credit cards, loans and overdrafts outstripped new borrowing by �305m in February, figures show. This safety-first approach had led to a contraction in... 2012-03-31T00:34:06Z <p>New page: Cautious consumers' repayments on credit cards, loans and overdrafts outstripped new borrowing by �305m in February, figures show. This safety-first approach had led to a contraction in...</p> <p><b>New page</b></p><div>Cautious consumers' repayments on credit cards, loans and overdrafts outstripped new borrowing by �305m in February, figures show.<br /> <br /> This safety-first approach had led to a contraction in borrowing through loans and overdrafts for more than three years, major banks said.<br /> <br /> The figures, from the British Bankers' Association (BBA), showed a slowdown in activity in the mortgage market.<br /> <br /> It said remortgaging levels were at their lowest for 13 years.<br /> 'Difficult economic times'<br /> <br /> Despite their cautious approach, consumers still spent �7bn on credit cards in February - a similar level as the previous six months, the figures show.<br /> <br /> Repayments outstripped new borrowing on credit cards by �39m in February. The repayment in unsecured lending was driven by weak demand, and continued payback, of loans and overdrafts.<br /> <br /> Unsecured lending by the banks contracted by 1.8% in the 12 months to February.<br /> <br /> &quot;<br /> However, activity returned to more &quot;normal&quot; levels in February, said the group which represents the High Street banks.</div> DeedeeMendosa251