Purpose for taking out a pawnbroker loan in the United Kingdom (UK) 2012

Main purpose for taking out a pawnbroker loan in the United Kingdom (UK) in 2012

by Statista Research Department, last edited Jun 1, 2013
Purpose for taking out a pawnbroker loan in the United Kingdom (UK) 2012 This statistic shows the main reasons UK households have for taking out a payday loan in the United Kingdom (UK) in 2012. Reasons included: to help with day to day household spending, to buy a particular item, and various other reasons for taking out a loan. In 2012, of respondents, 15 percent took out a payday loan in order to consolidate or pay off other debts. 4 percent of respondents took out a payday loan in order to buy a particular item.
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Main purpose for taking out a pawnbroker loan in the United Kingdom (UK) in 2012

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Share of respondents
To help with day to day household spending36%
To cover an outstanding bill such as gas or electricity11%
To buy a particular item4%
Needed money for a special occasion21%
To consolidate or pay off other debts18%
Other4%
No answer 7%
Share of respondents
To help with day to day household spending36%
To cover an outstanding bill such as gas or electricity11%
To buy a particular item4%
Needed money for a special occasion21%
To consolidate or pay off other debts18%
Other4%
No answer 7%
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by Statista Research Department, last edited Jun 1, 2013
This statistic shows the main reasons UK households have for taking out a payday loan in the United Kingdom (UK) in 2012. Reasons included: to help with day to day household spending, to buy a particular item, and various other reasons for taking out a loan. In 2012, of respondents, 15 percent took out a payday loan in order to consolidate or pay off other debts. 4 percent of respondents took out a payday loan in order to buy a particular item.
Show more
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