28th February 2022 - Credit Connect

Money Statistics: February 2022

28th February 2022 Arrears and Recoveries |

Here is an overview of The Money Charity’s latest statistics for February 2022 Personal debt in the UK People in the UK owed £1,765.6 billion at the end of December 2021. The average total debt per household, including mortgages, was £63,528. Per adult this was £33,328, around 108.7% of average earnings. This is up from the revised £33,306…

More than one in five people borrow money to cover funeral costs

28th February 2022 Arrears and Recoveries | #borrow money #debt

New research from SunLife shows almost 40% of people are not putting enough money aside to pay for their funeral, leaving their families to pick up the £1,800 shortfall. The report also highlights that one in five is also having to borrow to cover that shortfall with the average cost of a funeral is now estimated…

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Money Statistics: February 2022

More than one in five people borrow money to cover funeral costs

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