Borrowing Data

Borrowing statistics in Lichfield 2026

Last updated November 2026 · Data to mid-2025 · Lichfield

Borrowing estimates for Lichfield, built from published survey rates and population figures.

72,500

Credit or loan holders

An estimated 72,500 adults in Lichfield held at least one credit or loan product in 2024.

Source: Estimate from FCA Financial Lives 2024 and ONS mid-2024 population estimates, Borrowing Data, 2024

Estimate: 80% of adults in the West Midlands held at least one credit or loan product (FCA Financial Lives 2024, adults aged 18 and over) applied to 90,632 adults aged 18 and over in Lichfield (ONS mid-2024 population estimates, single-year ages summed).

51,700

Credit card holders

An estimated 51,700 adults in Lichfield held a credit card in 2024.

Source: Estimate from FCA Financial Lives 2024 and ONS mid-2024 population estimates, Borrowing Data, 2024

Estimate: 57% of adults in the West Midlands held a credit card (FCA Financial Lives 2024, adults aged 18 and over) applied to 90,632 adults aged 18 and over in Lichfield (ONS mid-2024 population estimates, single-year ages summed).

19,000

Overdraft users

An estimated 19,000 adults in Lichfield were overdrawn on a current account in 2024.

Source: Estimate from FCA Financial Lives 2024 and ONS mid-2024 population estimates, Borrowing Data, 2024

Estimate: 21% of adults in the West Midlands were overdrawn on a current account (FCA Financial Lives 2024, adults aged 18 and over) applied to 90,632 adults aged 18 and over in Lichfield (ONS mid-2024 population estimates, single-year ages summed).

24,500

Residential mortgage holders

An estimated 24,500 adults in Lichfield had a residential mortgage in 2024.

Source: Estimate from FCA Financial Lives 2024 and ONS mid-2024 population estimates, Borrowing Data, 2024

Estimate: 27% of adults in the West Midlands had a residential mortgage (FCA Financial Lives 2024, adults aged 18 and over) applied to 90,632 adults aged 18 and over in Lichfield (ONS mid-2024 population estimates, single-year ages summed).

19,900

Buy now, pay later users

An estimated 19,900 adults in Lichfield used buy now, pay later credit in 2024.

Source: Estimate from FCA Financial Lives 2024 and ONS mid-2024 population estimates, Borrowing Data, 2024

Estimate: 22% of adults in the West Midlands used buy now, pay later credit (FCA Financial Lives 2024, adults aged 18 and over) applied to 90,632 adults aged 18 and over in Lichfield (ONS mid-2024 population estimates, single-year ages summed).

7,700

High-cost credit users

An estimated 7,700 adults in Lichfield held high-cost credit in 2024.

Source: Estimate from FCA Financial Lives 2024 and ONS mid-2024 population estimates, Borrowing Data, 2024

Estimate: 8.5% of adults in the West Midlands held high-cost credit (FCA Financial Lives 2024, adults aged 18 and over) applied to 90,632 adults aged 18 and over in Lichfield (ONS mid-2024 population estimates, single-year ages summed).

22,700

Low financial resilience

An estimated 22,700 adults in Lichfield had low financial resilience in 2024.

Source: Estimate from FCA Financial Lives 2024 and ONS mid-2024 population estimates, Borrowing Data, 2024

Estimate: 25% of adults in the West Midlands had low financial resilience (FCA Financial Lives 2024, adults aged 18 and over) applied to 90,632 adults aged 18 and over in Lichfield (ONS mid-2024 population estimates, single-year ages summed).

8,160

In financial difficulty

An estimated 8,160 adults in Lichfield were in financial difficulty in 2024.

Source: Estimate from FCA Financial Lives 2024 and ONS mid-2024 population estimates, Borrowing Data, 2024

Estimate: 9% of adults in the West Midlands were in financial difficulty (FCA Financial Lives 2024, adults aged 18 and over) applied to 90,632 adults aged 18 and over in Lichfield (ONS mid-2024 population estimates, single-year ages summed).

94,592

Residents aged 16 and over

The estimated population aged 16 and over in Lichfield was 94,592 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.

Key points

An estimated 72,500 adults in Lichfield held at least one credit or loan product in 2024. An estimated 51,700 adults in Lichfield held a credit card in 2024. An estimated 19,000 adults in Lichfield were overdrawn on a current account in 2024.

Frequently asked questions

How many adults in Lichfield held at least one credit or loan product in 2024?

An estimated 72,500 adults in Lichfield held at least one credit or loan product in 2024.

How many adults in Lichfield held a credit card in 2024?

An estimated 51,700 adults in Lichfield held a credit card in 2024.

How many adults in Lichfield were overdrawn on a current account in 2024?

An estimated 19,000 adults in Lichfield were overdrawn on a current account in 2024.