- Almost half of British adults are in currently in debt
- 46% of the population are living with an average of 6,465 in debt
- The rising cost of owning and running a home listed as the top causes of debt
ALMOST HALF of UK adults are currently in debt and believe the rising cost of independent living is to blame.
A survey of 1,000 UK adults published inThe UK Spending Report, commissioned by a leading personal insolvency practice,Creditfix.co.uk, has revealed that almost 1 in 2 Brits (46%) are currently in debt.
Those who admitted to being in financial difficulty were found to have an average debt of 6,465.
The top cause of debt in the UK has been revealed as increases in household bills (36%) followed by raised rent or mortgage repayments (33%).
Read the full article at: https://www.globalbankingandfinance.com/half-of-british-adults-struggling-with-debt/