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Young people and personal insolvency: Rates creeping upwards

R3 Blog
Young people and personal insolvency: Rates creeping upwards

28 August 2019

Between 2015 and 2018, the rate of young people (aged 18-24) entering a form of personal insolvency rose by 110%, while the number of personal insolvency cases among under 25s rose by 104%. Over the same period, the rate of personal insolvencies for people of all ages rose by 42%, and the total number of cases rose by 45%.

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