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Credit Style Limited

UK Personal Debt

Total UK personal debt at the end of March 2010 stood at £1.46 Trillion.

This means that individuals owe the GDP of the United Kingdom.

The total debt includes some £1.23 Trillion which is secrued against property - mainly in the form of mortgages.

The average debt for every household in the UK stands at £57,950 including mortgages.