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8.3m Britons living with unmanageable debt says Money Advice Service

Tuesday, 19th September 2017

The Money Advice Service (MAS) has revealed that 8.3 million adults in the UK are living with a heavy burden of debt and name Newham in East London as being the capital's hotspot.

Indebtedness has been calculated for all local authorities and regions of the United Kingdom, to estimate the proportions of adult individuals that are likely to be over-indebted. “Over-indebted" individuals are defined as those who are likely to find meeting monthly bills a "heavy burden" and/or those missing more than two bill payments within a six-month period.
 
This information was sourced from online survey data (20,000 respondents), carried out by YouGov and Research Now in the month of July 2017. 
 
You can check your town/region to see where it is in the table by visiting https://www.moneyadviceservice.org.uk/en/corporate/debt-publications#september-2017 and then select 'Over-Indebtedness 2017' under the September 2017 heading.

 

 

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