Credit Action – Debt Stats Round Up (February 2012)

  • Every 4.21 minutes someone will be declared insolvent or bankrupt
  • Every 14.17 minutes a property is repossessed
  • 1,797 people were made redundant every day between September and November 2011
  • Citizens Advice Bureaux deal with 8,652 new debt problems each working day
  • The average household debt (including mortgages) is £55,823
  • 857,000 people in the UK have been unemployed for 12 months or more
  • £171,000,000 is the amount of personal interest paid in the UK on a daily basis

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s