Debt Facts and Figures

Some striking numbers about UK personal debt, courtesy of Credit Action:

  • The average household debt (including mortgages) is currently £57,635
  • Every 17 minutes a property is repossessed
  • Every 4.28 minutes, someone will be declared insolvent or bankrupt
  • The Citizens Advice Bureaux deal with 8,004 new debt problems every working day
  • 1,589 people are made redundant daily

So, if you have debt worries, you can see that you’re not alone.  Get in touch with us today.  We may be able to help.

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