Credit Action - Debt Stats Round up (September 2011)
- Every 4.31 minutes someone will be declared insolvent or bankrupt
- Every 14.6 minutes a property is repossessed
- 1,688 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 £55,814
- 838,000 people in the UK have been unemployed for 12 months or more
- £176,000,000 is the amount of personal interest paid in the UK on a daily basis
