Check out how up to date you are with the current financial situation in the UK.
1. The average household debt in the UK is: a) £1,000 b) £4,000 c) £9,000 d) £12,000 Correct!Wrong! Answer: c) £9,000Average household debt in the UK is £9180 (excluding Mortgages). This figure increases to £21,355 if the average is based on the number of households who actually have some form of unsecured loan. (Credit Action, 2009)
2. How much does it cost to run an average car each day? a) £15 b) £17 c) £19 d) £21Correct!Wrong! Answer: b) £17The average car will cost £16.70 to run today. (Credit Action, 2009)
3. How many transactions are made daily by plastic card? a) 500,000 b) 2 million c) 22 million d) 45 millionCorrect!Wrong! Answer: c) 22 million21.9 million, down from nearly 25 million in 2007. (Credit Action, 2009)
4. The average wedding in 2009 was predicted to cost? a) £8,567 b) £17,651 c) £21,089 d) £24,436Correct!Wrong! Answer: c) £21,089 (Credit Action, 2009)
5. What is the average Credit Card limit? a) £3,278 b) £4,628 c) £5,129 d) £7,896Correct!Wrong! Answer: c) £5,129 (Credit Action, 2009)
6. How many credit card applications are rejected in the UK every day? a) 9,000 b) 14,000 c) 16,000 d) 18,000Correct!Wrong! Answer: d) 18,000 (Credit Action, 2009)
7. The average weekly pocket money for 12 - 15 year olds in the UK is? a) £4.58 b) £6.13 c) £9.57 d) £12.50Correct!Wrong! Answer: b) £6.13 (Credit Action, Oct 2009)
8. What percentage of children pay their mobile phone bill out of their pocket money? a) 20% b) 30% c) 4% d) 12%Correct!Wrong! Answer: a) 20% (Credit Action, 2009)
9. What percentage of children said that if they saw something they wanted, they would ask for it as a birthday or Christmas present? a) 43% b) 18% c) 26% d) 38%Correct!Wrong! Answer: a) 43% (Credit Action, 2009)
10. How much does a graduate have to earn before they start paying back their student loan? a) £13,500 b) £15,000 c) £16,000 d) £16,500Correct!Wrong!Answer: b) £15,000 (Credit Action, 2009)
11. How much debt does the average student have upon graduation? a) £7,250 b) £9,760 c) £14,161 d) £15,240Correct!Wrong! Answer: c) £14,161 (Credit Action, 2009)
12. What percentage of students has a part-time job during term time while at university? a) 9% b) 35% c) 58% d) 67%Correct!Wrong! Answer: b) 35% (Credit Action, 2009)
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