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Jason

Credit Action Debt Statistics

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http://www.creditaction.org.uk/august.html

Total UK personal debt at the end of June 2008 stood at
£1,444bn
. The growth rate increased to 7.4% for the previous 12 months which equates to an increase of ~ £98bn.
Total secured lending on homes at the end of June 2008 stood at
£1,212bn
. This has increased 7.5% in the last 12 months.
Total consumer credit lending to individuals in June 2008 was
£232bn
. This has increased 6.8% in the last 12 months.
Total lending in June 2008 grew by £4.0bn. Secured lending grew by £3.1bn in the month. Consumer credit lending grew by £0.9bn.
Average household debt in the UK is ~
£9,309
(excluding mortgages). This figure increases to
£21,650
if the average is based on the number of households who actually have some form of unsecured loan.
Average household debt in the UK is ~
£58,000
(including mortgages).
Average owed by every UK adult is ~ £30,424 (including mortgages).
Average outstanding mortgage for the 11.8m households who currently have mortgages now stands at
~ £102,554.
Britain's interest
repayments have soared to £94.4bn
in the last 12months. The average interest paid by each household on their total debt is approximately
£3,800
each year.
Average consumer borrowing via credit cards, motor and retail finance deals, overdrafts and unsecured personal loans has risen to
£4,900
per average UK adult at the end of June 2008.
Britain's personal debt is increasing by
~ £1 million every 5 minutes
.

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  • 399 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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