UK Personal Debt
Outstanding personal debt stood at £1.428 trillion at the end of September 2013. This is up from £1.422 trillion at the end of September 2012.
Outstanding secured (mortgage) lending stood at £1.269 trillion at the end of September 2013. This is up from £1.264 trillion at the end of September 2012.
Outstanding unsecured (consumer credit) lending stood at £158.7 billion at the end of September 2013. This is up from £157.5 billion at the end of September 2012.
Average household debt in the UK (excluding mortgages) was £6,020 in September. This is up from a revised £6,011 in August.
Average household debt in the UK (including mortgages) was £54,178 in September. This is up from a revised £54,133 in August.
The average amount owed per UK adult (including mortgages) was £28,649 in September. This is up from a revised £28,626 in August and was around 116% of average earnings.
Average consumer borrowing (including credit cards, motor and retail finance deals, overdrafts and unsecured loans) per UK adult was £3,183 in September. This is up from a revised £3,179 in August.
The estimated average outstanding mortgage for the 11.3m households that carry mortgage debt stood at £112,727 in September.
Based on September 2013 trends, the UK’s total interest repayments on personal debt over a 12 month period would have been £59.6 billion. This is equivalent to £163 million per day. This means that UK households would have paid an average of £2,262 in annual interest repayments.
UK Banks and Building Societies wrote-off £3.67 billion of loans to individuals over the four quarters to Q2 2013. In Q2 2013 itself they wrote-off £694 million (of which £371 million was credit card debt) amounting to a daily write-off of £7.61m.
Everyday in the UK
285 people are declared insolvent or bankrupt every day (based on Q3 2013 trends). This is equivalent to one person every 5 minutes 3 seconds.
1,655 Consumer County Court Judgements (CCJs) are issued every day (based on Q3 2013 trends). The average value of a Consumer CCJ in Q3 2013 was £2,383.
Citizens Advice Bureaux in England and Wales dealt with 7,420 new debt problems every working day during the year ending June 2013.
It costs an average of £29.02 per day to raise a child from birth to the age of 21
84 properties are repossessed every day (based on Q2 2013 trends).
1,447 people a day reported they had become redundant between June and August 2013.
Public Sector Net Borrowing (excluding financial interventions) was £11,072 million in September 2013, meaning that the Government borrowed an average of £369 million per day during the month (equivalent to £4,272 per second).
The UK population grew by 1,123 people a day between 2001 and 2011.
29.1m plastic card purchase transactions were made every day in August 2013 with a total value of £1.427 billion.
It cost £66.10 to fill a 50 litre tank with unleaded petrol in October.