1. Debt to Equity Ratio Comment: Due to net new borrowings of 22.32%, Total Debt to Equity detoriated to 0.08 in the 3 Q 2020, below Industry average. Within Services sector 13 other industries have achieved lower Debt to Equity Ratio. Debt to Equity Ratio total ranking has deteriorated compare to the previous quarter from to 69.
2. The statistic shows the average household expenditure on gambling payments in the United Kingdom (UK) in 2019, by gross income decile group. Debts from online gambling in the Netherlands 2018.
3. Average amount of gaming machines in Great Britain. Participation in online gambling in the United Kingdom 2016-2020, by age group. Problem gamblers in the UK as of March 2016-2018.

In addition to the 450,000 problem gamblers in the UK – up more than 200,000 since 2007, with an average debt of £17,500 each – the British Gambling Prevalence Survey (BGPS) found that another.

Amount Owed:

People in the UK owed £1.616 TRILLION at the end of November 2018. This figure is up from £1.569 TRILLION at the end of November 2017 – an extra £898.71 per UK adult.

Average Borrowing:

The average total debt per household – including mortgages – was £58,948 in November.

That's an average debt per adult of £30,832 – which is about 112% of average earnings.

Consumer Credit Levels

Outstanding consumer credit lending was £215.4 BILLION at the end of November 2018.

This is up from £206.2 BILLION at the end of November 2017, and is an increase of £174.80 for every adult in UK.

This means average consumer credit borrowing per UK adult is now £4,108

Credit Card Borrowing

Total credit card debt in November 2018 was £72.5 BILLION. This is an average of £2,643 per household

This means at the average credit card interest rate it would take 26 years and 6 months to repay if you made the minimum repayments each month.

Debts Written Off By Banks

UK banks and buiding societies wrote off £471 MILLION of loans and credit card debt to individuals in quarter 4 of 2016. That's roughly £5.1 MILLION a day.

CCJ's

3,001 consumer County Court Judgments (CCJS) are issued every day, with an average value of £1,337.

Number Of Personal Insolvencies

273 people a day are declared insolvent or bankrupt. This is equivalent to one person every 5 MINUTES 16 SECONDS.

Average Gambling Debt Uk Debt

Previous UK personal debt statistics from the Money Charity can be found here:

Bankruptcy Advice

Making yourself bankrupt is a big step to take and requires expert debt advice.

If you haven't already received advice from us and are considering how to go bankrupt, you can use our online bankruptcy test tool, which will provide you with a a free assessment of whether you qualify for bankruptcy and what impact it will have on your current situation. We'll also send you our 'Free Guide to Bankruptcy' by email.

Or, if you’d prefer to speak to us, call our FREE Bankruptcy Helpline on 0800 368 8231 (freephone, including all mobiles).

Bankruptcy Alternatives

Bankruptcy can be an effective way to solve personal debt, however it should ALWAYS be considered as a LAST RESORT, and the Court will expect you to HAVE considered any alternatives that you may qualify for.

Before you apply to go bankrupt make sure you're certain you've considered the following questions:

Average Gambling Debt Uk Vs

• Would an IVA help me in my situation?
  

Average Gambling Debt Uk Equity

Need Bankruptcy Advice?

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