{"id":105,"date":"2016-03-03T11:44:07","date_gmt":"2016-03-03T11:44:07","guid":{"rendered":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/?p=105"},"modified":"2016-03-03T11:44:07","modified_gmt":"2016-03-03T11:44:07","slug":"are-households-and-companies-on-a-new-debt-binge","status":"publish","type":"post","link":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/are-households-and-companies-on-a-new-debt-binge\/","title":{"rendered":"Are Households And Companies On A New Debt Binge?"},"content":{"rendered":"<p>UK households and businesses have been busy binging on credit according to reports in the Times recently. This could well increase the pressure on already indebted households to keep up with their repayments.  <\/p>\n<p>According to the Times people are spending their loans on cars, mortgages and business loans which suggests that people are confident enough in the future to take a calculated risk on increasing their debts.<\/p>\n<p>This confidence however may be misguided considering the likely impact of the Brexit vote which is already starting to have an impact on the manufacturing sector. Firms are beginning to lay off staff as orders have been sent tumbling.  <\/p>\n<p>The value of sterling has also been hit, which is good news for exporters, but not so good for the many Brits who have booked a holiday this year.  <\/p>\n<p>Figures released by the Bank of England reveal that unsecured lending to households increased by 9.1 per cent in the past 12 months. This was the biggest increase for a decade.  <\/p>\n<p>While consumers don\u2019t appear to be afraid of a lot at the moment, business owners will no doubt be watching events carefully in the coming months to see what will happen in the event Britain votes to leave the EU. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>UK households and businesses have been busy binging on credit according to reports in the Times recently. This could well increase the pressure on already indebted households to keep up with their repayments. According to the Times people are spending their loans on cars, mortgages and business loans which suggests that people are confident enough [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[68,8,9,10,16],"class_list":["post-105","post","type-post","status-publish","format-standard","hentry","category-avoiding-debt","tag-churchill-recovery","tag-debt-collection","tag-debt-collection-procedures","tag-debt-collection-tips","tag-new-debt-binge"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.9 - aioseo.com -->\n\t<meta name=\"description\" content=\"UK households and businesses have been busy binging on credit according to reports in the Times recently. This could well increase the pressure on already indebted households to keep up with their repayments. According to the Times people are spending their loans on cars, mortgages and business loans which suggests that people are confident enough\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"admin\"\/>\n\t<link rel=\"canonical\" href=\"http:\/\/churchillrecoverysolutions.co.uk\/blog\/are-households-and-companies-on-a-new-debt-binge\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 4.9.9\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_GB\" \/>\n\t\t<meta property=\"og:site_name\" content=\"Churchiill Recovery Solutions - At Churchill Recovery Solutions we understand every business\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"Are Households And Companies On A New Debt Binge? - Churchiill Recovery Solutions\" \/>\n\t\t<meta property=\"og:description\" content=\"UK households and businesses have been busy binging on credit according to reports in the Times recently. This could well increase the pressure on already indebted households to keep up with their repayments. According to the Times people are spending their loans on cars, mortgages and business loans which suggests that people are confident enough\" \/>\n\t\t<meta property=\"og:url\" content=\"http:\/\/churchillrecoverysolutions.co.uk\/blog\/are-households-and-companies-on-a-new-debt-binge\/\" \/>\n\t\t<meta property=\"article:published_time\" content=\"2016-03-03T11:44:07+00:00\" \/>\n\t\t<meta property=\"article:modified_time\" content=\"2016-03-03T11:44:07+00:00\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n\t\t<meta name=\"twitter:title\" content=\"Are Households And Companies On A New Debt Binge? - Churchiill Recovery Solutions\" \/>\n\t\t<meta name=\"twitter:description\" content=\"UK households and businesses have been busy binging on credit according to reports in the Times recently. This could well increase the pressure on already indebted households to keep up with their repayments. According to the Times people are spending their loans on cars, mortgages and business loans which suggests that people are confident enough\" \/>\n\t\t<script type=\"application\/ld+json\" class=\"aioseo-schema\">\n\t\t\t{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"BlogPosting\",\"@id\":\"http:\\\/\\\/churchillrecoverysolutions.co.uk\\\/blog\\\/are-households-and-companies-on-a-new-debt-binge\\\/#blogposting\",\"name\":\"Are Households And Companies On A New Debt Binge? - Churchiill Recovery Solutions\",\"headline\":\"Are Households And Companies On A New Debt Binge?\",\"author\":{\"@id\":\"http:\\\/\\\/churchillrecoverysolutions.co.uk\\\/blog\\\/author\\\/admin\\\/#author\"},\"publisher\":{\"@id\":\"http:\\\/\\\/churchillrecoverysolutions.co.uk\\\/blog\\\/#organization\"},\"datePublished\":\"2016-03-03T11:44:07+00:00\",\"dateModified\":\"2016-03-03T11:44:07+00:00\",\"inLanguage\":\"en-GB\",\"mainEntityOfPage\":{\"@id\":\"http:\\\/\\\/churchillrecoverysolutions.co.uk\\\/blog\\\/are-households-and-companies-on-a-new-debt-binge\\\/#webpage\"},\"isPartOf\":{\"@id\":\"http:\\\/\\\/churchillrecoverysolutions.co.uk\\\/blog\\\/are-households-and-companies-on-a-new-debt-binge\\\/#webpage\"},\"articleSection\":\"Avoiding Debt, Churchill Recovery, Debt Collection, Debt Collection Procedures, Debt Collection Tips, New Debt Binge\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"http:\\\/\\\/churchillrecoverysolutions.co.uk\\\/blog\\\/are-households-and-companies-on-a-new-debt-binge\\\/#breadcrumblist\",\"itemListElement\":[{\"@type\":\"ListItem\",\"@id\":\"http:\\\/\\\/churchillrecoverysolutions.co.uk\\\/blog#listItem\",\"position\":1,\"name\":\"Home\",\"item\":\"http:\\\/\\\/churchillrecoverysolutions.co.uk\\\/blog\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"http:\\\/\\\/churchillrecoverysolutions.co.uk\\\/blog\\\/category\\\/avoiding-debt\\\/#listItem\",\"name\":\"Avoiding Debt\"}},{\"@type\":\"ListItem\",\"@id\":\"http:\\\/\\\/churchillrecoverysolutions.co.uk\\\/blog\\\/category\\\/avoiding-debt\\\/#listItem\",\"position\":2,\"name\":\"Avoiding Debt\",\"item\":\"http:\\\/\\\/churchillrecoverysolutions.co.uk\\\/blog\\\/category\\\/avoiding-debt\\\/\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"http:\\\/\\\/churchillrecoverysolutions.co.uk\\\/blog\\\/are-households-and-companies-on-a-new-debt-binge\\\/#listItem\",\"name\":\"Are Households And Companies On A New Debt Binge?\"},\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"http:\\\/\\\/churchillrecoverysolutions.co.uk\\\/blog#listItem\",\"name\":\"Home\"}},{\"@type\":\"ListItem\",\"@id\":\"http:\\\/\\\/churchillrecoverysolutions.co.uk\\\/blog\\\/are-households-and-companies-on-a-new-debt-binge\\\/#listItem\",\"position\":3,\"name\":\"Are Households And Companies On A New Debt Binge?\",\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"http:\\\/\\\/churchillrecoverysolutions.co.uk\\\/blog\\\/category\\\/avoiding-debt\\\/#listItem\",\"name\":\"Avoiding Debt\"}}]},{\"@type\":\"Organization\",\"@id\":\"http:\\\/\\\/churchillrecoverysolutions.co.uk\\\/blog\\\/#organization\",\"name\":\"Churchiill Recovery Solutions\",\"description\":\"At Churchill Recovery Solutions we understand every business\",\"url\":\"http:\\\/\\\/churchillrecoverysolutions.co.uk\\\/blog\\\/\"},{\"@type\":\"Person\",\"@id\":\"http:\\\/\\\/churchillrecoverysolutions.co.uk\\\/blog\\\/author\\\/admin\\\/#author\",\"url\":\"http:\\\/\\\/churchillrecoverysolutions.co.uk\\\/blog\\\/author\\\/admin\\\/\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"http:\\\/\\\/churchillrecoverysolutions.co.uk\\\/blog\\\/are-households-and-companies-on-a-new-debt-binge\\\/#authorImage\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4f9234d09c9143e16dc1e4bfaf7aee861d824178e5292d49d9dc4d5569513f01?s=96&d=mm&r=g\",\"width\":96,\"height\":96,\"caption\":\"admin\"}},{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/churchillrecoverysolutions.co.uk\\\/blog\\\/are-households-and-companies-on-a-new-debt-binge\\\/#webpage\",\"url\":\"http:\\\/\\\/churchillrecoverysolutions.co.uk\\\/blog\\\/are-households-and-companies-on-a-new-debt-binge\\\/\",\"name\":\"Are Households And Companies On A New Debt Binge? - Churchiill Recovery Solutions\",\"description\":\"UK households and businesses have been busy binging on credit according to reports in the Times recently. This could well increase the pressure on already indebted households to keep up with their repayments. According to the Times people are spending their loans on cars, mortgages and business loans which suggests that people are confident enough\",\"inLanguage\":\"en-GB\",\"isPartOf\":{\"@id\":\"http:\\\/\\\/churchillrecoverysolutions.co.uk\\\/blog\\\/#website\"},\"breadcrumb\":{\"@id\":\"http:\\\/\\\/churchillrecoverysolutions.co.uk\\\/blog\\\/are-households-and-companies-on-a-new-debt-binge\\\/#breadcrumblist\"},\"author\":{\"@id\":\"http:\\\/\\\/churchillrecoverysolutions.co.uk\\\/blog\\\/author\\\/admin\\\/#author\"},\"creator\":{\"@id\":\"http:\\\/\\\/churchillrecoverysolutions.co.uk\\\/blog\\\/author\\\/admin\\\/#author\"},\"datePublished\":\"2016-03-03T11:44:07+00:00\",\"dateModified\":\"2016-03-03T11:44:07+00:00\"},{\"@type\":\"WebSite\",\"@id\":\"http:\\\/\\\/churchillrecoverysolutions.co.uk\\\/blog\\\/#website\",\"url\":\"http:\\\/\\\/churchillrecoverysolutions.co.uk\\\/blog\\\/\",\"name\":\"Churchiill Recovery Solutions\",\"description\":\"At Churchill Recovery Solutions we understand every business\",\"inLanguage\":\"en-GB\",\"publisher\":{\"@id\":\"http:\\\/\\\/churchillrecoverysolutions.co.uk\\\/blog\\\/#organization\"}}]}\n\t\t<\/script>\n\t\t<!-- All in One SEO -->\n\n","aioseo_head_json":{"title":"Are Households And Companies On A New Debt Binge? - Churchiill Recovery Solutions","description":"UK households and businesses have been busy binging on credit according to reports in the Times recently. This could well increase the pressure on already indebted households to keep up with their repayments. According to the Times people are spending their loans on cars, mortgages and business loans which suggests that people are confident enough","canonical_url":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/are-households-and-companies-on-a-new-debt-binge\/","robots":"max-image-preview:large","keywords":"","webmasterTools":{"miscellaneous":""},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"BlogPosting","@id":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/are-households-and-companies-on-a-new-debt-binge\/#blogposting","name":"Are Households And Companies On A New Debt Binge? - Churchiill Recovery Solutions","headline":"Are Households And Companies On A New Debt Binge?","author":{"@id":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/author\/admin\/#author"},"publisher":{"@id":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/#organization"},"datePublished":"2016-03-03T11:44:07+00:00","dateModified":"2016-03-03T11:44:07+00:00","inLanguage":"en-GB","mainEntityOfPage":{"@id":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/are-households-and-companies-on-a-new-debt-binge\/#webpage"},"isPartOf":{"@id":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/are-households-and-companies-on-a-new-debt-binge\/#webpage"},"articleSection":"Avoiding Debt, Churchill Recovery, Debt Collection, Debt Collection Procedures, Debt Collection Tips, New Debt Binge"},{"@type":"BreadcrumbList","@id":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/are-households-and-companies-on-a-new-debt-binge\/#breadcrumblist","itemListElement":[{"@type":"ListItem","@id":"http:\/\/churchillrecoverysolutions.co.uk\/blog#listItem","position":1,"name":"Home","item":"http:\/\/churchillrecoverysolutions.co.uk\/blog","nextItem":{"@type":"ListItem","@id":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/category\/avoiding-debt\/#listItem","name":"Avoiding Debt"}},{"@type":"ListItem","@id":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/category\/avoiding-debt\/#listItem","position":2,"name":"Avoiding Debt","item":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/category\/avoiding-debt\/","nextItem":{"@type":"ListItem","@id":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/are-households-and-companies-on-a-new-debt-binge\/#listItem","name":"Are Households And Companies On A New Debt Binge?"},"previousItem":{"@type":"ListItem","@id":"http:\/\/churchillrecoverysolutions.co.uk\/blog#listItem","name":"Home"}},{"@type":"ListItem","@id":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/are-households-and-companies-on-a-new-debt-binge\/#listItem","position":3,"name":"Are Households And Companies On A New Debt Binge?","previousItem":{"@type":"ListItem","@id":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/category\/avoiding-debt\/#listItem","name":"Avoiding Debt"}}]},{"@type":"Organization","@id":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/#organization","name":"Churchiill Recovery Solutions","description":"At Churchill Recovery Solutions we understand every business","url":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/"},{"@type":"Person","@id":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/author\/admin\/#author","url":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/author\/admin\/","name":"admin","image":{"@type":"ImageObject","@id":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/are-households-and-companies-on-a-new-debt-binge\/#authorImage","url":"https:\/\/secure.gravatar.com\/avatar\/4f9234d09c9143e16dc1e4bfaf7aee861d824178e5292d49d9dc4d5569513f01?s=96&d=mm&r=g","width":96,"height":96,"caption":"admin"}},{"@type":"WebPage","@id":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/are-households-and-companies-on-a-new-debt-binge\/#webpage","url":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/are-households-and-companies-on-a-new-debt-binge\/","name":"Are Households And Companies On A New Debt Binge? - Churchiill Recovery Solutions","description":"UK households and businesses have been busy binging on credit according to reports in the Times recently. This could well increase the pressure on already indebted households to keep up with their repayments. According to the Times people are spending their loans on cars, mortgages and business loans which suggests that people are confident enough","inLanguage":"en-GB","isPartOf":{"@id":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/#website"},"breadcrumb":{"@id":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/are-households-and-companies-on-a-new-debt-binge\/#breadcrumblist"},"author":{"@id":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/author\/admin\/#author"},"creator":{"@id":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/author\/admin\/#author"},"datePublished":"2016-03-03T11:44:07+00:00","dateModified":"2016-03-03T11:44:07+00:00"},{"@type":"WebSite","@id":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/#website","url":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/","name":"Churchiill Recovery Solutions","description":"At Churchill Recovery Solutions we understand every business","inLanguage":"en-GB","publisher":{"@id":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/#organization"}}]},"og:locale":"en_GB","og:site_name":"Churchiill Recovery Solutions - At Churchill Recovery Solutions we understand every business","og:type":"article","og:title":"Are Households And Companies On A New Debt Binge? - Churchiill Recovery Solutions","og:description":"UK households and businesses have been busy binging on credit according to reports in the Times recently. This could well increase the pressure on already indebted households to keep up with their repayments. According to the Times people are spending their loans on cars, mortgages and business loans which suggests that people are confident enough","og:url":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/are-households-and-companies-on-a-new-debt-binge\/","article:published_time":"2016-03-03T11:44:07+00:00","article:modified_time":"2016-03-03T11:44:07+00:00","twitter:card":"summary_large_image","twitter:title":"Are Households And Companies On A New Debt Binge? - Churchiill Recovery Solutions","twitter:description":"UK households and businesses have been busy binging on credit according to reports in the Times recently. This could well increase the pressure on already indebted households to keep up with their repayments. According to the Times people are spending their loans on cars, mortgages and business loans which suggests that people are confident enough"},"aioseo_meta_data":{"post_id":"105","title":null,"description":null,"keywords":null,"keyphrases":null,"primary_term":null,"canonical_url":null,"og_title":null,"og_description":null,"og_object_type":"default","og_image_type":"default","og_image_url":null,"og_image_width":null,"og_image_height":null,"og_image_custom_url":null,"og_image_custom_fields":null,"og_video":null,"og_custom_url":null,"og_article_section":null,"og_article_tags":null,"twitter_use_og":false,"twitter_card":"default","twitter_image_type":"default","twitter_image_url":null,"twitter_image_custom_url":null,"twitter_image_custom_fields":null,"twitter_title":null,"twitter_description":null,"schema":{"blockGraphs":[],"customGraphs":[],"default":{"data":{"Article":[],"Course":[],"Dataset":[],"FAQPage":[],"Movie":[],"Person":[],"Product":[],"ProductReview":[],"Car":[],"Recipe":[],"Service":[],"SoftwareApplication":[],"WebPage":[]},"graphName":"","isEnabled":true},"graphs":[]},"schema_type":"default","schema_type_options":null,"pillar_content":false,"robots_default":true,"robots_noindex":false,"robots_noarchive":false,"robots_nosnippet":false,"robots_nofollow":false,"robots_noimageindex":false,"robots_noodp":false,"robots_notranslate":false,"robots_max_snippet":null,"robots_max_videopreview":null,"robots_max_imagepreview":"large","priority":null,"frequency":null,"local_seo":null,"breadcrumb_settings":null,"limit_modified_date":false,"ai":null,"created":"2024-10-22 12:25:35","updated":"2025-09-30 15:44:06","seo_analyzer_scan_date":null},"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"http:\/\/churchillrecoverysolutions.co.uk\/blog\" title=\"Home\">Home<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"http:\/\/churchillrecoverysolutions.co.uk\/blog\/category\/avoiding-debt\/\" title=\"Avoiding Debt\">Avoiding Debt<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\tAre Households And Companies On A New Debt Binge?\n\t\t<\/span><\/div>","aioseo_breadcrumb_json":[{"label":"Home","link":"http:\/\/churchillrecoverysolutions.co.uk\/blog"},{"label":"Avoiding Debt","link":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/category\/avoiding-debt\/"},{"label":"Are Households And Companies On A New Debt Binge?","link":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/are-households-and-companies-on-a-new-debt-binge\/"}],"_links":{"self":[{"href":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/wp-json\/wp\/v2\/posts\/105","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=105"}],"version-history":[{"count":1,"href":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/wp-json\/wp\/v2\/posts\/105\/revisions"}],"predecessor-version":[{"id":106,"href":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/wp-json\/wp\/v2\/posts\/105\/revisions\/106"}],"wp:attachment":[{"href":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=105"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/churchillrecoverysolutions.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}