HC Deb 15 April 1991 vol 189 cc28-9W
Mr. Favell

To ask the Secretary of State for Trade and Industry what figures he has regarding trends in defaults on credit cards and other consumer debt.

Mr. Leigh

There are no national periodic statistics of defaults on credit cards. The Central Statistical Office collects statistics on amounts written off by finance houses and other specialist credit grantors under agreements with consumers. The amounts written off in each of the last five years were:

£ million
1986 243
1987 259
1988 276
1989 328
1990 460