Credit Action - Debt Stats Round Up for August 2011
- Every 4.36 minutes someone will be declared insolvent or bankrupt
- Every 14 minutes a property is repossessed
- 1,578 people are made redundant daily
- Citizens Advice Bureaux deal with 9,072 new debt problems each working day
- The average household debt (including mortgages) is £55,803
- 807,000 people in the UK have been unemployed for 12 months or more
- £177,000,000 is the amount of personal interest paid in the UK on a daily basis
