Drivers of financial confidence among African Americans in the U.S. 2013

Published by Statista Research Department, Mar 6, 2014
This statistic presents the drivers of financial confidence among African Americans in the United States in 2013. The survey results revealed that life insurance protection was a driver of financial stability for 22 percent of African Americans.

Drivers of financial confidence among African Americans in the United States in 2013

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Source

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Release date

March 2014

Region

United States

Survey time period

March 7-19, 2013

Number of respondents

1,153 respondents

Age group

25-70 years

Special properties

African Americans with a household income higher than 25,000 U.S. dollars.

Method of interview

Panel survey

Supplementary notes

Percentage points missing to 100 percent are probably due to rounding.

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Overview

5

Overall consumer lending

4

Mortgage debt

4

Car loan debt

4

Credit card debt

5

Student loan debt

4

Buy now, pay later (BNPL)

3

Loan delinquency

5

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