Level of unsecured debt
Total unsecured debt by age-group
Figure 4.1 shows, as we’d expect, that level of debt increases in line with age. This trend is most likely the result of increasing opportunity to accumulate debt. The 45-54 age group have the highest level of debt with £33,689 on average. The 16-24 age group has the lowest level of debt on average with £7,242 owed.
.JPG
)
Total unsecured debt by region
Figure 4.2 reveals South West (£37,368) and South East (£35,073) to have the highest average debt levels (25% and 18% higher than average respectively), whilst Northern Ireland (£23,785) and West Midlands (£23,397) have the lowest.
.JPG
)
Latest Report
Subscribe
This form collects your name and email address so that we can email you our statistical updates.
Get in touch
For more information about Debt Advice Foundation's statistical releases:
Debt Advice Foundation
1 Anchor Court
Commercial Road
Darwen
BB3 0DB