Creditactions latest debt management statistics are now available on their website. The statistics don't show any surprising or unexpected figures, but make an interesting read for anyone considering various debt solutions such as debt management.
Some of the highlights from this months statistics are -
The total UK personal debt has slowed down. The total at the end of June 2009 was £1458 Billion. this shows a year on year increase of approx £14.35 Billion, down from a £116 Billion increase in January 2008.
During July 2009, Britains personal debt increased by £1 million every 108 minutes. This is a remarkable drop from January 2008, where personal debt increased by £1 million every 5.3 minute
Total lending grew by £0.4 billion in June; secured lending grew by £0.3bn in the month; consumer credit lending grew by £0.1bn (total lending in January 2008 grew by £8.4bn)
3300 people were made redundant every day in the 3 months up to May 2009.
The average owed by every UK adult is currently £30460. this is 133% of average earnings.
The average UK household pays £2650 interest on their debts every year.
For free debt help and advice, call MRA debt help to speak to one of our debt counsellors
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