Personal debts of British adults by age

This statistic presents the extent and type of personal debts among British adults (UK) as of June 2014, by age group. In that time, approximately 38 percent of respondents aged 18 to 24 had various loans, for example from the bank, a friend or a lender.

Do you have any of the following kinds of personal debts?

Characteristic	18 to 24	25 to 34	35 to 44	45 to 54	55 to 64	65+
Don't know	13%	3%	3%	1%	1%	-
Arrears on tax or bills *	5%	9%	8%	7%	3%	2%
Any loan **	38%	33%	21%	18%	8%	7%
An overdrawn bank account ***	14%	21%	15%	18%	10%	6%
Other debts ****	10%	35%	34%	36%	27%	22%
None of the above	39%	31%	49%	49%	65%	71%

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Release date

June 2014

More information

Region

United Kingdom (Great Britain)

Survey time period

11th to 13th of June 2014

Number of respondents

2,034 respondents

Age group

18 years and older

Method of interview

Online survey

Supplementary notes

The answer categories read in full:
* Arrears on tax, bills or other payments (e.g. mortgage, child maintenance), by arrears, we mean owing money that should have been paid already.
** Any loan (including student loans), for example from a bank, a friend or a payday lender.
*** A bank account that you are overdrawn on.
**** Other debts, e.g. from credit cards, parking fines, hire purchase, car finance etc.

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