Average household spends £216 on monthly debt repayments

8th April 2025 Arrears and Recoveries | #debts

The average household spends £216 on monthly debt repayments, excluding the mortgage, according to research by Hargreaves Lansdown. Among the top 5% of earners, this rises to £384 and £1,065. The data also showed that those with mortgages spend an average of £748 on top of this. Almost one in ten households (8%) are in…

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Cost of living crisis pushes consumers to give up Easter celebrations

4th April 2023 Consumer Collections | #debts

Almost half (45 per cent) of consumers say that the cost-of-living crisis will have an impact on their Easter celebrations this year, according to a new study from TopCashback. In fact, over a third (36 per cent) will not be celebrating Easter at all with financial struggles being cited as one of the most popular…

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