Credit Action – Debt Stats Round up (April 2012)

  • Every 4.32 minutes someone will be declared insolvent or bankrupt
  • Every 15.28 minutes a property is repossessed
  • 1,896 people were made redundant every day between November 2011 and January 2012
  • Citizens Advice Bureaux deal with 8,518 new debt problems each working day
  • The average household debt (including mortgages) is £56,058
  • 855,000 people in the UK have been unemployed for 12 months or more
  • £172,000,000 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: Logo

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

Google+ photo

You are commenting using your Google+ 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 )


Connecting to %s