November debt statistics from Credit Action

The latest figures from Credit Action on the UK's debt problems makes grim reading as always for people all over the nation.

Debt now increases by £207 million a day in the UK, with £263 million a day paid in interest alone.

On average, 1 person is declared bankrupt every 5 minutes and 121 properties are repossessed a day as the credit crunch continues to bite down.

Average household debt in the UK is £59,715 including mortgages and the average amount owed by every UK adult is £30,440, again including mortgages.