Borrowing Data

Borrowing statistics in Bromsgrove 2026

Last updated November 2026 · Data to mid-2025 · Bromsgrove

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

64,500

Credit or loan holders

An estimated 64,500 adults in Bromsgrove 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: 80% of adults in the West Midlands held at least one credit or loan product (FCA Financial Lives 2024, adults aged 18 and over) applied to 80,595 adults aged 18 and over in Bromsgrove (ONS mid-2024 population estimates, single-year ages summed).

45,900

Credit card holders

An estimated 45,900 adults in Bromsgrove held a credit card in 2024.

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

Estimate: 57% of adults in the West Midlands held a credit card (FCA Financial Lives 2024, adults aged 18 and over) applied to 80,595 adults aged 18 and over in Bromsgrove (ONS mid-2024 population estimates, single-year ages summed).

16,900

Overdraft users

An estimated 16,900 adults in Bromsgrove 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 the West Midlands were overdrawn on a current account (FCA Financial Lives 2024, adults aged 18 and over) applied to 80,595 adults aged 18 and over in Bromsgrove (ONS mid-2024 population estimates, single-year ages summed).

21,800

Residential mortgage holders

An estimated 21,800 adults in Bromsgrove had a residential mortgage in 2024.

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

Estimate: 27% of adults in the West Midlands had a residential mortgage (FCA Financial Lives 2024, adults aged 18 and over) applied to 80,595 adults aged 18 and over in Bromsgrove (ONS mid-2024 population estimates, single-year ages summed).

17,700

Buy now, pay later users

An estimated 17,700 adults in Bromsgrove 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: 22% of adults in the West Midlands used buy now, pay later credit (FCA Financial Lives 2024, adults aged 18 and over) applied to 80,595 adults aged 18 and over in Bromsgrove (ONS mid-2024 population estimates, single-year ages summed).

6,850

High-cost credit users

An estimated 6,850 adults in Bromsgrove held high-cost credit in 2024.

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

Estimate: 8.5% of adults in the West Midlands held high-cost credit (FCA Financial Lives 2024, adults aged 18 and over) applied to 80,595 adults aged 18 and over in Bromsgrove (ONS mid-2024 population estimates, single-year ages summed).

20,100

Low financial resilience

An estimated 20,100 adults in Bromsgrove had low financial resilience in 2024.

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

Estimate: 25% of adults in the West Midlands had low financial resilience (FCA Financial Lives 2024, adults aged 18 and over) applied to 80,595 adults aged 18 and over in Bromsgrove (ONS mid-2024 population estimates, single-year ages summed).

7,250

In financial difficulty

An estimated 7,250 adults in Bromsgrove were in financial difficulty in 2024.

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

Estimate: 9% of adults in the West Midlands were in financial difficulty (FCA Financial Lives 2024, adults aged 18 and over) applied to 80,595 adults aged 18 and over in Bromsgrove (ONS mid-2024 population estimates, single-year ages summed).

83,835

Residents aged 16 and over

The estimated population aged 16 and over in Bromsgrove was 83,835 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 64,500 adults in Bromsgrove held at least one credit or loan product in 2024. An estimated 45,900 adults in Bromsgrove held a credit card in 2024. An estimated 16,900 adults in Bromsgrove were overdrawn on a current account in 2024.

Frequently asked questions

How many adults in Bromsgrove held at least one credit or loan product in 2024?

An estimated 64,500 adults in Bromsgrove held at least one credit or loan product in 2024.

How many adults in Bromsgrove held a credit card in 2024?

An estimated 45,900 adults in Bromsgrove held a credit card in 2024.

How many adults in Bromsgrove were overdrawn on a current account in 2024?

An estimated 16,900 adults in Bromsgrove were overdrawn on a current account in 2024.