This statistic displays the share of adults in the United Kingdom (UK) that had in October 2017 - or in the prior 12 months - a form of credit or loan and are over-indebted, by type of credit. With a high of 78 percent, adults that had a home collection loan were the most likely to be over-indebted. A home collection loan is a payment loan, where the amount owed to the creditor is collected from your home. Payday loans and pawnbroker loans make up the rest of the top three types of credit that over-indebted individuals use in 2017, with 67 percent and 63 percent respectively.
Share of over-indebted adults with a credit in the United Kingdom (UK) 2017, by credit type
* Credit in October 2017 or in the prior 12 months. ** Transactors relate to consumers that always pay of their credit in full on the due date of payment.
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Financial Conduct Authority. (June 20, 2018). Share of over-indebted adults with a credit in the United Kingdom (UK) 2017, by credit type [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/793496/share-of-adults-over-indebted-with-credit-united-kingdom/
Financial Conduct Authority. "Share of over-indebted adults with a credit in the United Kingdom (UK) 2017, by credit type." Chart. June 20, 2018. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/793496/share-of-adults-over-indebted-with-credit-united-kingdom/
Financial Conduct Authority. (2018). Share of over-indebted adults with a credit in the United Kingdom (UK) 2017, by credit type. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/793496/share-of-adults-over-indebted-with-credit-united-kingdom/
Financial Conduct Authority. "Share of Over-indebted Adults with a Credit in The United Kingdom (Uk) 2017, by Credit Type." Statista, Statista Inc., 20 Jun 2018, https://www.statista.com/statistics/793496/share-of-adults-over-indebted-with-credit-united-kingdom/
Financial Conduct Authority, Share of over-indebted adults with a credit in the United Kingdom (UK) 2017, by credit type Statista, https://www.statista.com/statistics/793496/share-of-adults-over-indebted-with-credit-united-kingdom/ (last visited December 23, 2024)
Share of over-indebted adults with a credit in the United Kingdom (UK) 2017, by credit type [Graph], Financial Conduct Authority, June 20, 2018. [Online]. Available: https://www.statista.com/statistics/793496/share-of-adults-over-indebted-with-credit-united-kingdom/
