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Statistics from Credit Action (covering England & Wales)
Keeping up to date with the latest figures
Paul Thomas trades as TISolutions - FCA license FRN 686104
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In England and Wales -
340 people a day were declared insolvent or bankrupt between April and June 2019.
14 properties were repossessed daily in the 2nd quarter of 2019.
Borrowers paid £139 million a day in interest in June 2019.
In the 1st quarter of 2019 lenders wrote off £1,260 billion (of which £432 million was credit card debt, amounting to a daily write-off of £4.8 million)
3,242 County Court Judgements (CCJs) were issued between January and June 2019, with an average value of £1,445.