Not counting student loans, the average amount of personal loans in a UK household grew by more than 1,000 British pounds between 2014 and 2019. Whilst only just returning to values recorded in 2009, the figure for 2019 marks a growth driven by an increased use of personal loans to finance one's needs in recent years. Increased were especially observed in 2016 and 2017 - as the loan average increased by over 400 British pounds in both years.
Average personal lending per household in the United Kingdom (UK) from 2009 to 2019
(in GBP)
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NimbleFins. (February 26, 2020). Average personal lending per household in the United Kingdom (UK) from 2009 to 2019 (in GBP) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/751134/average-outstanding-personal-loans-per-household-uk/
NimbleFins. "Average personal lending per household in the United Kingdom (UK) from 2009 to 2019 (in GBP)." Chart. February 26, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/751134/average-outstanding-personal-loans-per-household-uk/
NimbleFins. (2020). Average personal lending per household in the United Kingdom (UK) from 2009 to 2019 (in GBP). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/751134/average-outstanding-personal-loans-per-household-uk/
NimbleFins. "Average Personal Lending per Household in The United Kingdom (Uk) from 2009 to 2019 (in Gbp)." Statista, Statista Inc., 26 Feb 2020, https://www.statista.com/statistics/751134/average-outstanding-personal-loans-per-household-uk/
NimbleFins, Average personal lending per household in the United Kingdom (UK) from 2009 to 2019 (in GBP) Statista, https://www.statista.com/statistics/751134/average-outstanding-personal-loans-per-household-uk/ (last visited November 21, 2024)
Average personal lending per household in the United Kingdom (UK) from 2009 to 2019 (in GBP) [Graph], NimbleFins, February 26, 2020. [Online]. Available: https://www.statista.com/statistics/751134/average-outstanding-personal-loans-per-household-uk/
