Research carried out in May 2001, when the study began, found that people who came to Citizens Advice Bureaux for help had an average debt of £10,700 but a monthly income of about £800, under half the national average. In Scotland, the average debt of people needing help was £8,140, while the average income was £730 a month. During May 2001 alone, 900 people who asked for help owed an average of more than 14 times their monthly income.I read somewhere recently that the average woman aged between 20 and 30 owes some £10,000 excluding mortgage debt.
I wonder just how sound the banking system is. Have a look here if you want to get really worried.