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
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
BSP. (December 13, 2023). Most popular collateral used to take loans among households in the Philippines during 4th quarter 2023 [Graph]. In Statista. Retrieved November 21, 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 November 21, 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: November 21, 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 November 21, 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/
