Borrowing Data

Borrowing statistics in Thanet 2026

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

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

101,000

Credit or loan holders

An estimated 101,000 adults in Thanet 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: 89% of adults in the South East held at least one credit or loan product (FCA Financial Lives 2024, adults aged 18 and over) applied to 113,723 adults aged 18 and over in Thanet (ONS mid-2024 population estimates, single-year ages summed).

83,000

Credit card holders

An estimated 83,000 adults in Thanet held a credit card in 2024.

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

Estimate: 73% of adults in the South East held a credit card (FCA Financial Lives 2024, adults aged 18 and over) applied to 113,723 adults aged 18 and over in Thanet (ONS mid-2024 population estimates, single-year ages summed).

23,900

Overdraft users

An estimated 23,900 adults in Thanet 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 South East were overdrawn on a current account (FCA Financial Lives 2024, adults aged 18 and over) applied to 113,723 adults aged 18 and over in Thanet (ONS mid-2024 population estimates, single-year ages summed).

33,000

Residential mortgage holders

An estimated 33,000 adults in Thanet had a residential mortgage in 2024.

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

Estimate: 29% of adults in the South East had a residential mortgage (FCA Financial Lives 2024, adults aged 18 and over) applied to 113,723 adults aged 18 and over in Thanet (ONS mid-2024 population estimates, single-year ages summed).

20,500

Buy now, pay later users

An estimated 20,500 adults in Thanet 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 the South East used buy now, pay later credit (FCA Financial Lives 2024, adults aged 18 and over) applied to 113,723 adults aged 18 and over in Thanet (ONS mid-2024 population estimates, single-year ages summed).

6,370

High-cost credit users

An estimated 6,370 adults in Thanet held high-cost credit in 2024.

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

Estimate: 5.6% of adults in the South East held high-cost credit (FCA Financial Lives 2024, adults aged 18 and over) applied to 113,723 adults aged 18 and over in Thanet (ONS mid-2024 population estimates, single-year ages summed).

23,900

Low financial resilience

An estimated 23,900 adults in Thanet had low financial resilience in 2024.

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

Estimate: 21% of adults in the South East had low financial resilience (FCA Financial Lives 2024, adults aged 18 and over) applied to 113,723 adults aged 18 and over in Thanet (ONS mid-2024 population estimates, single-year ages summed).

6,820

In financial difficulty

An estimated 6,820 adults in Thanet were in financial difficulty in 2024.

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

Estimate: 6% of adults in the South East were in financial difficulty (FCA Financial Lives 2024, adults aged 18 and over) applied to 113,723 adults aged 18 and over in Thanet (ONS mid-2024 population estimates, single-year ages summed).

118,696

Residents aged 16 and over

The estimated population aged 16 and over in Thanet was 118,696 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 101,000 adults in Thanet held at least one credit or loan product in 2024. An estimated 83,000 adults in Thanet held a credit card in 2024. An estimated 23,900 adults in Thanet were overdrawn on a current account in 2024.

Frequently asked questions

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

An estimated 101,000 adults in Thanet held at least one credit or loan product in 2024.

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

An estimated 83,000 adults in Thanet held a credit card in 2024.

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

An estimated 23,900 adults in Thanet were overdrawn on a current account in 2024.