UK Debt Stats in Brief

In the last 5 years personal debt has risen by 6.5% and the number of cases with Debt Line has expanded by over 100%. The average personal debt now stands at roughly 122% of average earnings with interest payments alone amounting to just over £2,800 per year. It is easy to see that as the debt problem grows within the UK people are going to find it harder and harder to pay, this is why it is so important to work with debtors and arrange affordable payment terms.