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Average personal lending per household in the United Kingdom (UK) from 2009 to 2019 (in GBP)

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Sources

Release date

February 2020

Region

United Kingdom

Survey time period

2009 to 2019

Supplementary notes

The source adds this information contains "personal installment loans, home renovation loans, and car loans."

Citation formats

Average personal loans per household in the UK 2009-2019

Published by ÌÇÐÄÆƽâ°æ Research Department, Feb 26, 2020
Not counting student loans, the average amount of personal loans in a UK household grew by more than 1,000 British pounds between 2014 and 2019. Whilst only just returning to values recorded in 2009, the figure for 2019 marks a growth driven by an increased use of personal loans to finance one's needs in recent years. Increased were especially observed in 2016 and 2017 - as the loan average increased by over *** British pounds in both years.
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