Debt can have a significant impact on people’s lives, and on a country’s development as well – you have to take it into account every time you’re budgeting for something, planning a holiday or a new project.
With the UK finding its feet after the financial crash of 2007/08, many people are looking at consolidating their debt and lowering the interests they’re paying. We explore how much debt the UK is in – both as a country and as individuals. Are we out of our depth or are we staying above water?
Chris Lilly is a publisher at finder.com. He's a specialist in credit-based products including business and personal loans, mortgages and credit cards, and is passionate about helping UK consumers make informed decisions about their borrowing. In his spare time Chris likes forcing his kids to exercise more.
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