StepChange: debt statistics mid-year update
Industry News | 05/10/18
New statistics published lay bare the alarming scale and changing nature of problem debt in the UK. They show that 326,897 people contacted us for help with their debts in just the first six months of 2018.
In our latest Statistics Mid-Year Update, of the 180,644 who received full debt advice and a recommended debt solution, two thirds were under 40, although only one third of the UK population falls into this younger age group. Only 18% of clients were home-owners, against around 62% of the general population. Around half of our clients experienced debt because of job loss, reduced income, or health issues.