The Office for National Statistics (ONS) have released a report on the statistics of the burden of debt on the average household.
The statistics report that 51% of households has some sort of debt, with the average amount of debt being £3,200. Whilst the amount of households reporting that the debt is not a heavy burden on them it is still important to note that the households struggling most are those in the least wealthy households.
The video below has been obtained from the ONS you tube channel, however if you need any further advice on how we can help please call us on 0800 066 2544.