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07.20

Later life lending report 2020

The later life lending report, which focuses on the borrowing habits of those aged 55 and over, was conducted by the Centre for Economics and Business Research (Cebr) and is now in its fourth year.
The later life lending report, which focuses on the borrowing habits of those aged 55 and over, was conducted by the Centre for Economics and Business Research (Cebr) and is now in its fourth year. While previous reports have shown a steady increase in borrowing among this demographic, the impact of Covid-19 means that those aged 55 and over are now expected to borrow £19bn less in 2020 and 2021 compared to 2019.

You can download the full report to discover more about our latest research.
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This website is intended for intermediaries only and has not been approved for customer use. more2life Limited. Registered in England No 5390268. Registered Office: Baines House, 4 Midgery Court, Fulwood, Preston PR2 9ZH. more2life is authorised and regulated by the Financial Conduct Authority.