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March 24th, 2015 
David Schulberg
The debts will be as personal loans, credit cards and overdrafts.
According to the report from PwC, Precious Plastic: How Britons Fell Back in Love With Borrowing, total outstanding non-mortgage borrowing grew by nearly £20bn or 9% in 2014, to reach £239bn, marking the fastest rate of growth in a decade.
The Guardian reported it warned that people’s complacency over managing their debt may lead to the resurgence in bad debt.
The report said the total amount of non-mortgage debt equated to nearly £9,000 per household last year, surpassing in cash terms its pre-financial crisis peak.
PwC projects unsecured borrowing will grow over the next two years by between 4% and 6% annually. This increase would leave the average UK household with non-mortgage borrowing of close to £10,000 by the end of 2016, taking consumers into uncharted territory in terms of borrowing levels.
ME
Source Article from http://english.irib.ir/news/world/europe/item/206752-‘average-uk-household-to-be-£10,000-in-debt-by-2017’
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