Debt is becoming a typical feature to daily life

The UK has suffered a bout of economic stagnation in recent years, leaving many Brits in an unstable position, unable to afford everyday essentials or bolster their savings.

This has caused a surge in people taking out high-interest loans or entering their overdraft to pay the bills, with people across the country digging themselves deeper into a debt hole.

According to The Money Charity, the average total debt per UK household, including mortgages, in July 2025 hit £66,232, up from the £65,239 recorded the year before.

While some are able to budget carefully to get themselves out of financial trouble, others become trapped, leaving them with growing piles of debt that harm their financial position.

Affecting all ages and earners

Among

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