Borrowing Data

Borrowing statistics in Tamworth 2026

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

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

51,100

Credit or loan holders

An estimated 51,100 adults in Tamworth 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 63,884 adults aged 18 and over in Tamworth (ONS mid-2024 population estimates, single-year ages summed).

36,400

Credit card holders

An estimated 36,400 adults in Tamworth 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 63,884 adults aged 18 and over in Tamworth (ONS mid-2024 population estimates, single-year ages summed).

13,400

Overdraft users

An estimated 13,400 adults in Tamworth 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 63,884 adults aged 18 and over in Tamworth (ONS mid-2024 population estimates, single-year ages summed).

17,200

Residential mortgage holders

An estimated 17,200 adults in Tamworth 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 63,884 adults aged 18 and over in Tamworth (ONS mid-2024 population estimates, single-year ages summed).

14,100

Buy now, pay later users

An estimated 14,100 adults in Tamworth 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 63,884 adults aged 18 and over in Tamworth (ONS mid-2024 population estimates, single-year ages summed).

5,430

High-cost credit users

An estimated 5,430 adults in Tamworth 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 63,884 adults aged 18 and over in Tamworth (ONS mid-2024 population estimates, single-year ages summed).

16,000

Low financial resilience

An estimated 16,000 adults in Tamworth 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 63,884 adults aged 18 and over in Tamworth (ONS mid-2024 population estimates, single-year ages summed).

5,750

In financial difficulty

An estimated 5,750 adults in Tamworth 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 63,884 adults aged 18 and over in Tamworth (ONS mid-2024 population estimates, single-year ages summed).

66,551

Residents aged 16 and over

The estimated population aged 16 and over in Tamworth was 66,551 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 51,100 adults in Tamworth held at least one credit or loan product in 2024. An estimated 36,400 adults in Tamworth held a credit card in 2024. An estimated 13,400 adults in Tamworth were overdrawn on a current account in 2024.

Frequently asked questions

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

An estimated 51,100 adults in Tamworth held at least one credit or loan product in 2024.

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

An estimated 36,400 adults in Tamworth held a credit card in 2024.

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

An estimated 13,400 adults in Tamworth were overdrawn on a current account in 2024.