This statistic displays the distribution of average amount of debt resulting from loans in the United Kingdom (UK) in 2017, by age group. Adults aged between 35 and 44 years of age had the highest amount of debt in loans, with an average of over 2.6 thousand British pounds. Those aged over 75 years had the lowest average debt in personal loans, with an average of 240 British pounds in 2017.
Distribution of average debt from personal loans* in the United Kingdom (UK) 2017, by age
(in GBP)
* The source adds the following information for debt source: "Loans category includes personal loans, credit union loans, peer‑to‑peer loans, logbook loans, pawn-broking, home collected loans, payday loans, short term installment loans, loans from family and friends, loans from an unregistered money lender and any other loan."
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Financial Conduct Authority. (October 18, 2017). Distribution of average debt from personal loans* in the United Kingdom (UK) 2017, by age (in GBP) [Graph]. In Statista. Retrieved October 06, 2024, from https://www.statista.com/statistics/793646/average-amount-owed-in-loans-uk/
Financial Conduct Authority. "Distribution of average debt from personal loans* in the United Kingdom (UK) 2017, by age (in GBP)." Chart. October 18, 2017. Statista. Accessed October 06, 2024. https://www.statista.com/statistics/793646/average-amount-owed-in-loans-uk/
Financial Conduct Authority. (2017). Distribution of average debt from personal loans* in the United Kingdom (UK) 2017, by age (in GBP). Statista. Statista Inc.. Accessed: October 06, 2024. https://www.statista.com/statistics/793646/average-amount-owed-in-loans-uk/
Financial Conduct Authority. "Distribution of Average Debt from Personal Loans* in The United Kingdom (Uk) 2017, by Age (in Gbp)." Statista, Statista Inc., 18 Oct 2017, https://www.statista.com/statistics/793646/average-amount-owed-in-loans-uk/
Financial Conduct Authority, Distribution of average debt from personal loans* in the United Kingdom (UK) 2017, by age (in GBP) Statista, https://www.statista.com/statistics/793646/average-amount-owed-in-loans-uk/ (last visited October 06, 2024)
Distribution of average debt from personal loans* in the United Kingdom (UK) 2017, by age (in GBP) [Graph], Financial Conduct Authority, October 18, 2017. [Online]. Available: https://www.statista.com/statistics/793646/average-amount-owed-in-loans-uk/