Credit Action - The National Money Education Charity

We are the national money education charity dedicated to better thinking about money.

Credit Action is the UK’s financial capability charity, dedicated to helping people stay on top of their money.

Schools & Colleges - Book your free money education workshop for students aged 11-19

Credit Action can provide free of charge presentations and workshops in schools and colleges to help students learn to manage their money. The presentations are offered to schools on a first come, first served basis – so book early to avoid disappointment!

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Latest News

Unsecured debt levels out as mortgage debt rises

Posted on 5 June 2013

The latest data show that average unsecured debt levels held steady in April. However, incorporating mortgage debt into the figures results in a notable rise – reinforcing the view that Government lending schemes are helping to support the housing market.
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Latest News
Stay up to date with everything that is happening at Credit Action, as well as all the weekly Top Money Stories. Feel free to leave a comment and join in the discussion. more...

Striking numbers

£54,015

was the average household debt (including mortgages) in April

£165m

was the daily amount of interest paid on personal debt in April

8,192

new debt problems were dealt with by the CAB each working day over the year to December

1,534 people

people were made redundant every day between January and March

902,000 people

people had been unemployed for over a year between January and March

£10.21m

of loans are written-off daily by UK Banks and Building Societies

every 16 min 26 sec

a property is repossessed

every 5 min 15 sec

someone will be declared insolvent or bankrupt

£1.355 billion

was the daily value of all purchases made using plastic cards in March

Every month Credit Action compiles a comprehensive study of the state of debt in the UK. Sign up below to receive your copy delivered straight to your inbox.

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Get on top of your money

It’s easy to want to ignore money worries. Watch our video and be inspired by one family taking charge of their finances.
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