Further, consumers who utilize more than 50 percent of their credit lines will see their credit scores drop, which lowers not only the cost of personal borrowing but makes borrowing from a bank or other lender more costly. (business.com)
However, personal borrowing for non-housing purposes has also been strong recently, increasing at an annualised rate of 14.6 per cent over the six months to June. (rba.gov.au)
The renewed focus on personal borrowing came as the Bank of England raised the base rate to 5.75 per cent. (politics.co.uk)