The credit of consumers does affect their ability to get houses and then to pay for them because a lot of their income can get tied up in credit card payments and other debts. There has been pressure in the housing market lately because of people not having the best credit situations. Hopefully what Lloyds is choosing to do will help because people need places to live, and the housing market affects other industries as well.

Read more: Lloyds’ charge into consumer credit eases mortgage pressure – Financial Times