Bills, Borrowing & the Great British Debt

Bills, Borrowing & The Great British Debt Have Have taken out defaulted on a loan, bill or housing payment. one or more unauthorised overdrafts or payday loans. One in four are just about breaking even at the end of each month. 2,3m Households 1.5m Households To make ends meet, two in five have cut down on essentials. 19% are 28% have cut back on food. spending less on fuel WHAT CONSUMERS ARE CUTTING BACK ON TO MAKE ENDS MEET 28% 45% 19% 12% Food Clothes Fuel Coffee 29% 41% 35% 44% Gifts for Socialising Pampering Entertainment friends/family CONSUMER'S TOP WORRIES 32% of people are finding it difficult to cope on their current level of income. Price of Energy Price of Food Price of Fuel 85% 85% 85% Value of Pensions Public Spending Future Tax Interest Rates Levels (Savings) 68% Cuts 68% 68% 64% Men are Women are borrowing E381 on borrowing £282 on average per month. average per month. Men in their Women in their 20's 20's are are borrowing £381 on borrowing £282 on average per average per month. month. The Debt People EXPERTS SINCE 1996 debt managenent Chiltern MoneyPlus GROUP Sources: http://www.which.co.uk/news/2012/12/10-million-households-feeling-the-financial-squeeze-304234/ http://www.unitetheunion.org/news_events/latest_news/lords_urged_to_act_on_legal_lo.aspx http://www.uswitch.com/press-room/