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Reasons for lending small amounts (IOUs) in the UK 2014, by age and gender

This statistic presents the three main reasons for lending money in small amounts to others (IOUs or "I owe you"s) in the United Kingdom in 2014, listed by different age and gender cohorts. Women aged 18 to 24 and 35 to 34 were most likely to lend because "it made them feel like they helped people" - 76 percent of the younger group and 75 percent of the older group.

Reasons for willingness to lend small amounts (IOUs) in the United Kingdom (UK) as of April 2014, by age and gender

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Sources

Release date

April 2014

Region

United Kingdom

Survey time period

February and March 2014

Number of respondents

2,807 respondents

Age group

18 years and older

Method of interview

Online survey

Supplementary notes

Research included the quantitative component (online survey) and the qualitative component (twenty in-depth phone interviews).

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