Total UK personal debt at the end of April 2010 stood at £1,460bn, reveal the latest debt statistics from Credit Action.

The twelve-month growth was 0.8%. Individuals owe more than what the whole country produces in a year.

Total lending in April 2010 rose by £0.4bn; secured lending increased by £0.5bn in the month; consumer credit lending decreased by £0.1bn (total lending in Jan 2008 grew by £8.4bn).

Total secured lending on dwellings at the end of April 2010 stood at £1,239bn. The twelve-month growth rate fell to 0.9%.

Total consumer credit lending to individuals at the end of April 2010 was £221bn. The annual growth rate of consumer credit fell by 0.2% to – 0.1%.

Average household debt in the UK is ~ £8,761 (excluding mortgages). This figure increases to £18,252 if the average is based on the number of households who actually have some form of unsecured loan.

Average household debt in the UK is ~ £57,915 (including mortgages). If you add to this the March 2010 budget report figure for public sector net debt (PSND) expected in 2014-15 (excluding financial interventions) then this figure rises to £113,709 per household.

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