Car credit hits £58bn out of total consumer credit of £200bn

[V8 FOU]

Isn't this all a bit scary?
The Bank of England and the FCA are taking an increasing interest in what is happening.
Credit secured on depreciating asset etc, blah, blah.
When the base rate increases next month, will this affect car sales.
New car sales are down nearly 10% this September.

Or is it just that no one gives a flying f***?

I would be interested in others (sensible) views on this.