Frightening statistics

I had these emailed through this morning and found them interesting and frightening.

UK Debt Statistics
March 2012

UK Personal Debt

• Outstanding personal debt stood at £1.456 trillion at the end of January 2012.
• This is up from £1.452 trillion at the end of January 2011. Individuals owed nearly as much as the entire country produced during the whole of 2011.
• Outstanding secured (mortgage) lending stood at £1.248 trillion at the end of January 2012. This is up from £1.240 trillion at the end of January 2011.
• Outstanding unsecured (consumer credit) lending stood at £207 billion at the end of January 2012. This is down from £212 billion at the end of January 2011.
• Average household debt in the UK (excluding mortgages) was £7,975 in January. This is up from a revised £7,951 in December.
• Avera ge household debt in the UK (including mortgages) was £55,988 in January. This is up from a revised £55,843 in December.
• The average amount owed per UK adult (including mortgages) was £29,634 in January. This was around 122% of average earnings.
  

Read more stats on creditaction.org.uk
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Every Day in the UK

• 318people are declared insolvent or bankrupt every day (based on Q4 2011 trends). This is equivalent to 1 person every 62 seconds during each working day
• 1,473 Consumer County Court Judgements (CCJ s) are issued every day (based on Q4 2011 trends). The average value of a Consumer CCJ in Q4 2011 was £2,949.
• Citizens Advice Bureaux in England and Wales dealt with 8,652new debt problems every working day during the year ending September 2011.
• It costs an average of £28.44 per day to raise a child from birth to the age of 21.
• 93properties are repossessed every day (based on Q4 2011 trends).
• 82new people a day became unemployed for over 12 months during the year ending December 2011.