The consumer credit market is evolving rapidly. From digital-first lenders and AI-driven underwriting to buy-now-pay-later (BNPL) products and open banking-enabled affordability checks, innovation is reshaping how consumers access credit—and how firms assess, manage, and recover lending.
Rising living costs are placing unprecedented pressure on UK households. From soaring grocery bills to
climbing energy prices, consumers are feeling the squeeze—and for many, this means struggling to keep up with existing credit commitments.
