R3 Personal Debt Snapshot, Wave 15
Average indebted British adult owes over £5,500 – R3
  • Equivalent to almost 12 weeks’ average wages
  • 4% of British adults owe over £20,000
The average in-debt British adult* owes £5,534 to their creditors (excluding mortgages and student loans), according to research by insolvency trade body R3.
This figure is equivalent to almost 12 weeks’ average weekly earnings for a UK worker (£481 per week) and seven months’ average rent in England & Wales (£770 per month).
The R3/ComRes poll of 2,000 British adults also found that 4% of British adults owe over £20,000, excluding mortgages and student loans.

*58% of British adults say they have debts (excluding mortgages and student loans)

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Date Published
11/12/2014
Client
Personal Debt Snapshot
Methodology
ComRes interviewed 2,054 GB adults online between the 14th and 16th November 2014. Data were weighted to be representative of all GB adults aged 18+.

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