Financial Services » Banking » Consumer lending in the UK | Number of adults with credit 2017

Number of adults with a form of credit in the UK 2017, by type

Number of adults with a form of credit or loan in the United Kingdom in 2017, by type (in millions)

The data shows the number of adults in the UK that had in October 2017 - or in the prior 12 months - a form of credit or loan, by type of credit. Approximately 39.6 million adults in the United Kingdom had a form of credit or loan in 2017. Among these, 31.6 million adults in the UK owned a credit card and nearly 13 million had an overdraft account in 2017. What could be perceived as alarming is the number of UK adults that had a high-cost loan in 2017, with approx. 3.1 million.

Any credit/loan	39.6
Any credit/loan (excl. not FCA reg.) i.e. consumer credit	38.1
Credit card	31.6
Any credit/loan (excl. transactors)	26.3
Any credit/loan (excl. transactors & not reg.)	23.2
Overdraft (i.e. overdrawn)	12.9
Retail finance	12.1
Credit card (excl. transactors)	9.6
Store card	7.8
Personal loan	6.3
Retail finance (excl. transactors)	5.9
Motor finance	5.1
Catalogue credit (all)	4.5
High-cost loan	3.1
Catalogue credit (excl. transactors)	2.8
Other retail credit	2.7
Store card (excl. transactors)	1.7
Other hire purchase (HP)/ rent-to-own	1.7
Payday loan	0.6
Short-term instalment loan	0.5
Credit union loan	0.5
Home collected loan	0.5
Pawnbroking	0.3
Peer-to-peer loan	0.2
Logbook loan	0.1

Number of adults with a form of credit in the UK 2017, by type

StatInvestor