Monday, Nov 02, 2009
That's only 3750 repossessions a month - not nearly enough to break the market
Telegraph: A property is repossessed every 11 minutes, according to Credit Action
Striking Numbers:
* 9,300 - number of new debt problems dealt with by CAB each day.
* £58,340 average household debt (including mortgages).
* £182m interest paid in UK daily.
* Every 11.5 minutes a property is repossessed.
* 2,553 people made redundant every day.
* 1 person every 3.97 minutes declared bankrupt or insolvent.
* £4,110 a second increase in Government national debt.
Posted by drewster @ 11:49 PM (360 views) Add Comment
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