UK Debt 2012 October


A selection of Debt Statistics from www.creditaction.org.uk released in December 2012.

October 2012

  • £5,934 average household debt (excluding mortgages) (Oct 2005 = £7,749)
  • £53,912 average household debt (including mortgages) (Oct 2005 =  £46,085)
  • £111,592 estimated average outstanding mortgage for the 11.3m households that carry mortgage debt
  • £166 million  Daily amount of interest paid on personal debt in October 2012
  • £1.421 trillion Outstanding personal debt (£1.406 trillion at October 2011)
  • £1.264 trillion Outstanding mortgage lending (£1.243 trillion at October 2011)
September 2012
  • 1,399 people: made redundant every day between July and September 2012
  • 894,000 people:  Unemployed for over a year between July and September 2012
  • £1.362 billion: Daily value of all plastic card purchases made in September 2012
June 2012
  • 8,465 new debt problems dealt with by the CAB each working day over the year to June 2012
Other
  • £11.38 of loans are written-off daily by UK Banks and Building Societies
  • Every 16 min 4 sec a property is repossessed
  • Every 4 min 42 sec someone will be declared insolvent or bankrupt

 

Source: www.creditaction.org.uk


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