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.

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

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Sources

Release date

June 2013

Region

United Kingdom

Survey time period

2012

Number of respondents

28 respondents

Method of interview

Online survey

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Statistics on "Personal debt in the United Kingdom"

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