Turn Debt Around

If you're in financial difficulty and don't know where to turn, we're here to help turn debt around and let you start afresh financially.

Advising on the full range of debt solutions, we'll ensure that you're given the right advice, tailored to your needs.

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debt statistics

Every 4.21 minutes someone will be declared insolvent or bankrupt
Every 14.17 minutes a property is repossessed
1,764 people were made redundant every day between August and October 2011
Citizens Advice Bureaux deal with 8,652 new debt problems each working day
The average household debt (including mortgages) is £55,816
868,000 people in the UK have been unemployed for 12 months or more
£173,000,000 is the amount of personal interest paid in the UK on a daily basis

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Every 4.31 minutes someone will be declared insolvent or bankrupt
Every 14.6 minutes a property is repossessed
1,644 people are made redundant daily
Citizens Advice Bureaux deal with 8,910 new debt problems each working day
The average household debt (including mortgages) is £55,795
867,000 people in the UK have been unemployed for 12 months or more
£174,000,000 is the amount of personal interest paid in the UK on a daily basis

Filed under // debt statistics

Every 4.31 minutes someone will be declared insolvent or bankrupt
Every 14.6 minutes a property is repossessed
1,775 people are made redundant daily
Citizens Advice Bureaux deal with 8,910 new debt problems each working day
The average household debt (including mortgages) is £55,822
849,000 people in the UK have been unemployed for 12 months or more
£175,000,000 is the amount of personal interest paid in the UK on a daily basis

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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

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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

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We've pulled together some debt facts and figures courtesy of Credit Action:

£1,156,000,000 is the total value of all purchases made using plastic cards each day
The average owed by every UK adult is £29,871 (including mortgages) - this is 126% of average earnings
7,700,000 cash withdrawals will be made today with a total value of £528,000,000
Total UK personal debt at the end of February 2011 stood at £1,454 billion

Filed under // debt statistics

Some striking numbers about UK personal debt, courtesy of Credit Action:

So, if you have debt worries, you can see that you're not alone. Get in touch with us today. We may be able to help.

Filed under // debt statistics