UK banks granted 1.5m payment holidays on credit cards and loans

Relatively low number of breaks so far is now rapidly rising, says bank lobby group Coronavirus - latest updates See all our coronavirus coverage Britain's high street banks have granted almost 1.5m payment holidays to consumers struggling to repay their credit cards and personal loans during the coronavirus pandemic. Figures released by the banking lobby group UK Finance show that 877,800 credit card accounts had been given apaymentfreeze by 21 May. Monthly repayments on 608,000 personal loans ...