Borrowing figures for Babergh, from Borrowing Data and the Office for National Statistics.
84%
Credit or loan holders
In 2024, 84 per cent of adults in Babergh held at least one credit or loan product (now or in the previous 12 months).
Source: Local borrowing figures, Borrowing Data, 2024
Adults aged 18 and over; held now or in the previous 12 months. Includes regulated and unregulated credit.
69%
Credit card holders
In 2024, 69 per cent of adults in Babergh held a credit card (now or in the previous 12 months).
Source: Local borrowing figures, Borrowing Data, 2024
Adults aged 18 and over; held now or in the previous 12 months.
19%
Overdraft users
In 2024, 19 per cent of adults in Babergh were overdrawn on a current account (now or in the previous 12 months).
Source: Local borrowing figures, Borrowing Data, 2024
Adults aged 18 and over; overdrawn on a current account now or in the previous 12 months.
30%
Residential mortgage holders
In 2024, 30 per cent of adults in Babergh had a residential mortgage on the property they lived in.
Source: Local borrowing figures, Borrowing Data, 2024
Adults aged 18 and over; residential mortgage on the property they live in.
17%
Buy now, pay later users
In 2024, 17 per cent of adults in Babergh used deferred payment credit (unregulated buy now, pay later) in the previous 12 months.
Source: Local borrowing figures, Borrowing Data, 2024
Adults aged 18 and over; unregulated buy now, pay later, called deferred payment credit in the survey, used in the previous 12 months.
4,670
High-cost credit users
In 2024, 4,670 adults in Babergh held high-cost credit.
Source: Local borrowing figures, Borrowing Data, 2024
Adults aged 18 and over; held now or in the previous 12 months. Covers home-collected, logbook, pawnbroking, payday, rent-to-own, short-term instalment and guarantor loans.
15,800
Low financial resilience
In 2024, 15,800 adults in Babergh had low financial resilience.
Source: Local borrowing figures, Borrowing Data, 2024
Adults aged 18 and over; in financial difficulty, heavily burdened by bills or credit commitments, or with low savings.
4,890
In financial difficulty
In 2024, 4,890 adults in Babergh were in financial difficulty, having missed domestic bills or credit commitments in three or more of the previous six months.
Source: Local borrowing figures, Borrowing Data, 2024
Adults aged 18 and over; missed domestic bills or credit commitments in three or more of the previous six months.
82,354
Residents aged 16 and over
The estimated population aged 16 and over in Babergh was 82,354 at mid-2025.
Source: Population estimates - local authority based by single year of age (Nomis NM_2002_1), mid-year estimates, Office for National Statistics, 30 June 2025
ONS mid-2025 population estimates (published 29 July 2026 for England and Wales; Scotland and Northern Ireland as carried in the same Nomis table), local authority boundaries as of April 2023, usual residents, as returned by the Nomis 'Aged 16+' category.
Frequently asked questions
What share of adults in Babergh held at least one credit or loan product in 2024?
In 2024, 84 per cent of adults in Babergh held at least one credit or loan product (now or in the previous 12 months).
What share of adults in Babergh held a credit card in 2024?
In 2024, 69 per cent of adults in Babergh held a credit card (now or in the previous 12 months).
What share of adults in Babergh were overdrawn on a current account in 2024?
In 2024, 19 per cent of adults in Babergh were overdrawn on a current account (now or in the previous 12 months).