Leading sources of household debt in the UK 2016-2017, by type

Published by
Fernando de Querol Cumbrera,
Feb 8, 2023
This statistic illustrates the average cost per household of debt in the United Kingdom (UK) in the summer of 2016 and 2017, by leading debt sources. The average household debt in the forms of hire purchases, loans from family or friends and other informal borrowing all increased between the two periods displayed whereas the average cost of personal loans and credit cards decreased. As of summer 2017 the average household debt in personal loans amounted to 2.25 thousand British pounds.

Average cost of household debt in the United Kingdom (UK) from summer 2016 to summer 2017, by debt type (in GBP)

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Source

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Release date

April 2018

Region

United Kingdom

Survey time period

Summer 2016 to Summer 2017

Supplementary notes

The source does not specify an exact time period in which summer represents.

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