Brits owe more than pounds 42,000.
The vast majority of this money is owed through mortgages, with one in three people having a home loan on which they owe an average pounds 39,129, according to debt adviser One Advice.
But 28 per cent of people also owe just under pounds 1,000 on credit cards, while 15 per cent have a loan averaging pounds 1,408 and 15 per cent owe pounds 260 through an overdraft.
A further seven per cent of people are in debt to their families to the tune of pounds 150, and six per cent owe friends about pounds 71.
The group estimates that overall 24.7 million people in the UK have some form of debt.
About 22 per cent of people said they had recently reduced the amount of money they owed.