Borrowing figures for Southend-on-Sea, from Borrowing Data and the Office for National Statistics.
In 2024, 91 per cent of adults in Southend-on-Sea 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.
In 2024, 70 per cent of adults in Southend-on-Sea 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.
In 2024, 31,400 adults in Southend-on-Sea were overdrawn on a current account.
Source: Local borrowing figures, Borrowing Data, 2024
Adults aged 18 and over; overdrawn on a current account now or in the previous 12 months.
In 2024, 31 per cent of adults in Southend-on-Sea 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.
In 2024, 18 per cent of adults in Southend-on-Sea 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.
In 2024, 9,440 adults in Southend-on-Sea 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.
In 2024, 21 per cent of adults in Southend-on-Sea 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.
In 2024, 8,870 adults in Southend-on-Sea 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.
The estimated population aged 16 and over in Southend-on-Sea was 150,751 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.
In 2024, 91 per cent of adults in Southend-on-Sea held at least one credit or loan product (now or in the previous 12 months). In 2024, 70 per cent of adults in Southend-on-Sea held a credit card (now or in the previous 12 months). In 2024, 31,400 adults in Southend-on-Sea were overdrawn on a current account.
In 2024, 91 per cent of adults in Southend-on-Sea held at least one credit or loan product (now or in the previous 12 months).
In 2024, 70 per cent of adults in Southend-on-Sea held a credit card (now or in the previous 12 months).
In 2024, 31,400 adults in Southend-on-Sea were overdrawn on a current account.