It’s time to wrestle back control of your finances. Debt Just as we entered the spending season, the Money Charity released figures that show we have passed a landmark in personal debt levels. Collectively, we now owe more than £1.5 trillion on unsecured loans from overdrafts and personal loans to credit cards. Not taking into mortgage debt (another £1.2 trillion, give or take) every adult in the country now owes, on average, in excess of £1,000 more than they did last year.