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London: capital of personal debt

From Kensington and Chelsea to Croydon, London is a debt hotspot. Whether it's rent arrears or payday loans, Londoners are the most over-indebted people in the UK.

Infographic - London capital of personal debt

London: capital of personal debt

Across the country personal debt is seen as endemic, but nowhere more so than in London. While the region is seen as rich in the eyes of many elsewhere in the country and worldwide, this description is too simplistic; London is the UK's most over-indebted region.

Unfortunately it's not surprising to see some of the highlighted boroughs in the infographic. Conversely others, especially those in west London, are mistakenly thought of as prosperous when they contain some of the highest personal debt burdens in the country.

If you need help with your personal debt, use our online debt advice service Debt Remedy.

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Helping you become debt free...

“I wish to thank your staff for all the great help they gave me when I was in so much debt.
They were a pillar of support to me.” (Leslie, Essex)

Foundation for Credit Counselling Wade House, Merrion Centre, Leeds, LS2 8NG trading as StepChange Debt Charity and StepChange Debt Charity Scotland. A registered charity no.1016630 and SC046263. It is a limited company registered in England and Wales (company no:2757055). Authorised and regulated by the Financial Conduct Authority.

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© StepChange Debt Charity 2016