According to a survey on consumer expectations in the fourth quarter of 2023, about five percent of surveyed households who took out a loan pawned their ATM account as a collateral. In addition, about 0.7 percent used their farm animal as a collateral. However, about 77 percent of the households surveyed took loans without collateral.
Most popular collateral used to take loans among households in the Philippines during 4th quarter 2023
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BSP. (December 13, 2023). Most popular collateral used to take loans among households in the Philippines during 4th quarter 2023 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1267051/philippines-leading-collaterals-used-for-loans/
BSP. "Most popular collateral used to take loans among households in the Philippines during 4th quarter 2023." Chart. December 13, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1267051/philippines-leading-collaterals-used-for-loans/
BSP. (2023). Most popular collateral used to take loans among households in the Philippines during 4th quarter 2023. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1267051/philippines-leading-collaterals-used-for-loans/
BSP. "Most Popular Collateral Used to Take Loans among Households in The Philippines during 4th Quarter 2023." Statista, Statista Inc., 13 Dec 2023, https://www.statista.com/statistics/1267051/philippines-leading-collaterals-used-for-loans/
BSP, Most popular collateral used to take loans among households in the Philippines during 4th quarter 2023 Statista, https://www.statista.com/statistics/1267051/philippines-leading-collaterals-used-for-loans/ (last visited December 22, 2024)
Most popular collateral used to take loans among households in the Philippines during 4th quarter 2023 [Graph], BSP, December 13, 2023. [Online]. Available: https://www.statista.com/statistics/1267051/philippines-leading-collaterals-used-for-loans/
