New figures released today by the Finance & Leasing Association (FLA) show that consumer finance new business in June 2026 was 6% higher than in the same month in 2025. In the first half of 2026, new business in this market was 5% higher than in the same period in 2025.
The credit card and personal loans sectors together reported new business 3% higher in June than in the same month in 2025, while the retail store and online credit sector reported an increase in new business of 1% over the same period.
FLA members continued to play a central role in supporting household spending, accounting for almost 56% of outstanding consumer credit by value at the end of June 2026.
Commenting on the figures, Geraldine Kilkelly, Director of Research and Chief Economist at the FLA, said:
“Consumer finance new business grew by 3% in Q2, with a strong June helping to close out the quarter. While growth eased compared with Q1 as the economic consequences of the Middle East conflict hit consumer confidence, demand remained resilient and consistent with continued growth in household spending.
“These figures underline the important role of consumer finance in supporting spending and helping households manage larger purchases during a period of economic uncertainty. Access to responsible finance continues to support both consumers and the wider economy.
“As attention turns to the Autumn Budget, maintaining consumer confidence will be key. Alongside measures that support household finances and sustainable economic growth, delivery of the long-awaited Consumer Credit Act reform would help foster innovation, improve customer outcomes and support continued access to responsible finance.”
Table 1: New consumer credit lending
| Jun 2026 | % change on prev. year | 3 months to Jun 2026 | % change on prev. year | 12 months to Jun 2026 | % change on prev. year | |
| Total FLA consumer finance (£m) | 10,944 | 6 | 31,238 | 3 | 125,839 | 5 |
| Data extracts: | ||||||
| Retail store and online credit (£m) | 747 | 1 | 2,189 | 2 | 9,167 | -2 |
| Credit cards & personal loans (£m) | 5,538 | 3 | 16,133 | -1 | 65,081 | 3 |
| Second charge mortgages (£m) | 205 | 16 | 571 | 18 | 2,383 | 27 |
| Car finance (£m) | 3,870 | 11 | 10,661 | 8 | 42,782 | 7 |
Note to editors:
- The FLA Impact Report 2026, The Hidden Engine Behind UK Growth, was published on 29 June 2026. Further details may be found here.
- FLA members in the consumer finance sector include banks, credit card providers, store card providers, second-charge mortgage lenders, motor finance providers, personal loan and instalment credit providers.
- In 2025, FLA members provided £163 billion of new finance to UK businesses and households. £122 billion of this was in the form of consumer credit representing almost a third of total new consumer credit written in the UK in 2025.
- Consumer car finance reported in these figures refers to finance obtained through the point of sale.
- For media enquiries, please contact the FLA press office on 020 7420 9656.
