Borrowing Data

Borrowing statistics in Barking and Dagenham 2026

Last updated November 2026 · Data to mid-2025 · Barking and Dagenham

Borrowing estimates for Barking and Dagenham, built from published survey rates and population figures.

144,000

Credit or loan holders

An estimated 144,000 adults in Barking and Dagenham held at least one credit or loan product in 2024.

Source: Estimate from FCA Financial Lives 2024 and ONS mid-2024 population estimates, Borrowing Data, 2024

Estimate: 85% of adults in London held at least one credit or loan product (FCA Financial Lives 2024, adults aged 18 and over) applied to 169,769 adults aged 18 and over in Barking and Dagenham (ONS mid-2024 population estimates, single-year ages summed).

114,000

Credit card holders

An estimated 114,000 adults in Barking and Dagenham held a credit card in 2024.

Source: Estimate from FCA Financial Lives 2024 and ONS mid-2024 population estimates, Borrowing Data, 2024

Estimate: 67% of adults in London held a credit card (FCA Financial Lives 2024, adults aged 18 and over) applied to 169,769 adults aged 18 and over in Barking and Dagenham (ONS mid-2024 population estimates, single-year ages summed).

35,700

Overdraft users

An estimated 35,700 adults in Barking and Dagenham were overdrawn on a current account in 2024.

Source: Estimate from FCA Financial Lives 2024 and ONS mid-2024 population estimates, Borrowing Data, 2024

Estimate: 21% of adults in London were overdrawn on a current account (FCA Financial Lives 2024, adults aged 18 and over) applied to 169,769 adults aged 18 and over in Barking and Dagenham (ONS mid-2024 population estimates, single-year ages summed).

39,000

Residential mortgage holders

An estimated 39,000 adults in Barking and Dagenham had a residential mortgage in 2024.

Source: Estimate from FCA Financial Lives 2024 and ONS mid-2024 population estimates, Borrowing Data, 2024

Estimate: 23% of adults in London had a residential mortgage (FCA Financial Lives 2024, adults aged 18 and over) applied to 169,769 adults aged 18 and over in Barking and Dagenham (ONS mid-2024 population estimates, single-year ages summed).

30,600

Buy now, pay later users

An estimated 30,600 adults in Barking and Dagenham used buy now, pay later credit in 2024.

Source: Estimate from FCA Financial Lives 2024 and ONS mid-2024 population estimates, Borrowing Data, 2024

Estimate: 18% of adults in London used buy now, pay later credit (FCA Financial Lives 2024, adults aged 18 and over) applied to 169,769 adults aged 18 and over in Barking and Dagenham (ONS mid-2024 population estimates, single-year ages summed).

11,000

High-cost credit users

An estimated 11,000 adults in Barking and Dagenham held high-cost credit in 2024.

Source: Estimate from FCA Financial Lives 2024 and ONS mid-2024 population estimates, Borrowing Data, 2024

Estimate: 6.5% of adults in London held high-cost credit (FCA Financial Lives 2024, adults aged 18 and over) applied to 169,769 adults aged 18 and over in Barking and Dagenham (ONS mid-2024 population estimates, single-year ages summed).

45,800

Low financial resilience

An estimated 45,800 adults in Barking and Dagenham had low financial resilience in 2024.

Source: Estimate from FCA Financial Lives 2024 and ONS mid-2024 population estimates, Borrowing Data, 2024

Estimate: 27% of adults in London had low financial resilience (FCA Financial Lives 2024, adults aged 18 and over) applied to 169,769 adults aged 18 and over in Barking and Dagenham (ONS mid-2024 population estimates, single-year ages summed).

17,000

In financial difficulty

An estimated 17,000 adults in Barking and Dagenham were in financial difficulty in 2024.

Source: Estimate from FCA Financial Lives 2024 and ONS mid-2024 population estimates, Borrowing Data, 2024

Estimate: 10% of adults in London were in financial difficulty (FCA Financial Lives 2024, adults aged 18 and over) applied to 169,769 adults aged 18 and over in Barking and Dagenham (ONS mid-2024 population estimates, single-year ages summed).

180,464

Residents aged 16 and over

The estimated population aged 16 and over in Barking and Dagenham was 180,464 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.

Key points

An estimated 144,000 adults in Barking and Dagenham held at least one credit or loan product in 2024. An estimated 114,000 adults in Barking and Dagenham held a credit card in 2024. An estimated 35,700 adults in Barking and Dagenham were overdrawn on a current account in 2024.

Frequently asked questions

How many adults in Barking and Dagenham held at least one credit or loan product in 2024?

An estimated 144,000 adults in Barking and Dagenham held at least one credit or loan product in 2024.

How many adults in Barking and Dagenham held a credit card in 2024?

An estimated 114,000 adults in Barking and Dagenham held a credit card in 2024.

How many adults in Barking and Dagenham were overdrawn on a current account in 2024?

An estimated 35,700 adults in Barking and Dagenham were overdrawn on a current account in 2024.