UK Debt Statistics*

Today in the UK:

Total UK personal debt stood at £1,454bn (end of November 2010).
Average household debt in the UK is £16,336, including unsecured loans (excluding mortgages).
Average household debt in the UK is £57,706 (including mortgages).
Typical first time buyer deposit was 20% (£29,412) in October.
98 Properties were repossessed everday during Q3 2010.
346,000 loan accounts in reportable arrears (> 1.5% of current loan balance).
839,000 people unemployed for > 12 month.
£178m personal interest paid daily.
The average interest paid by each household on their total debt is approximately £2,582 each year.
Every 3.87 minutes someone will be declared insolvent or bankrupt.
1,732 people made redundant daily.
1,716 Consumer County Court Judgements (CCJs) issued every day during Q3 2010.
Average CCJ amount is £3,312.
An average 279 plastic card purchases were made in the UK every second during Q3 2010.
More credit cards in the UK than people.
R3 estimated that almost a third (31%) of personal insolvencies that occurred in March were triggered by overspending during the festive season.
Santander suggest that 3.6 million Britons are still paying off credit card debts from Christmas 2009,
The total value of such debt is estimated at £1.1 billion, or £303 each.