Types of new credits and loans activity to apply for Philippines Q4 2023

Published by C. Balita, Dec 13, 2023
According to a survey on personal finance conducted during the fourth quarter of 2023 in the Philippines, 52 percent of respondents stated they planned to apply for a new personal loan in the next 12 months. Over 30 percent of respondents were also looking into applying for a new credit card and/or a new buy now, pay later payment services.

New credits and loans to apply for in the next 12 months in the Philippines as of 4th quarter 2023, by type

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Release date

November 2023

Region

Philippines

Survey time period

September 27 to October 10, 2023

Number of respondents

907 respondents

Age group

18 years and older

Special properties

among those who plan to apply for new or refinance existing credit

Method of interview

Online survey

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