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Share of adults with motor finance in the United Kingdom (UK) 2017, by amount

Published by James Cherowbrier, Sep 7, 2020
This statistic illustrates the share of adults with motor finance in the United Kingdom (UK) in 2017 by amount borrowed. It can be seen that 53 percent of respondents had taken out a personal loan between five and twenty thousand British pounds. Only one percent of respondents had taken out a personal loan under one thousand British pounds.

Share of adults with motor finance in the United Kingdom (UK) in 2017, by amount borrowed (in GBP)

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Source

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Release date

June 2018

Region

United Kingdom

Survey time period

2017

Number of respondents

617 respondents

Method of interview

Online survey

Supplementary notes

The original survey question was phrased "To the nearest pound, [how much did you borrow / what was the credit limit / what was the cost] for your selected product?"

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