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Main reasons for taking out personal loans in the United Kingdom (UK) 2017

Thinking back to when you first took out your personal loan, what were the important reasons for choosing it?

by Statista Research Department, last edited May 7, 2018
Main reasons for taking out personal loans in the United Kingdom (UK) 2017 This statistic presents the results of a survey on the share of consumers who take out personal loans in the United Kingdom (UK) as of 2016, by main reasons behind their credit choice. Among respondents, 71 percent stated that they had chosen a particular personal loan because of it's interest rate or annual percentage rate (APR). 61 percent of respondents also agreed that repayment amounts were also a large factor when considering a personal loan.
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Thinking back to when you first took out your personal loan, what were the important reasons for choosing it?

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by Statista Research Department, last edited May 7, 2018
This statistic presents the results of a survey on the share of consumers who take out personal loans in the United Kingdom (UK) as of 2016, by main reasons behind their credit choice. Among respondents, 71 percent stated that they had chosen a particular personal loan because of it's interest rate or annual percentage rate (APR). 61 percent of respondents also agreed that repayment amounts were also a large factor when considering a personal loan.
Show more
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