This statistic shows the results of a survey on how informed respondents were to the charges associated with their home-collected loan. The survey was taken in 2012 in the United Kingdom. Different survey responses included: know what interest rate will be charged, understand costs very/fairly well, don't understand costs that well/not at all well, and no answer. Of respondents, 48 percent knew what interest rate would be charged, and 30 percent understood the costs at least fairly well.
Understanding the costs and charges of a home-collected loan in the United Kingdom in 2012
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Department for Business, Innovation and Skills. (June 1, 2013). Understanding the costs and charges of a home-collected loan in the United Kingdom in 2012 [Graph]. In Statista. Retrieved October 15, 2024, from https://www.statista.com/statistics/293632/understanding-home-collected-loan-charges-in-the-united-kingdom/
Department for Business, Innovation and Skills. "Understanding the costs and charges of a home-collected loan in the United Kingdom in 2012." Chart. June 1, 2013. Statista. Accessed October 15, 2024. https://www.statista.com/statistics/293632/understanding-home-collected-loan-charges-in-the-united-kingdom/
Department for Business, Innovation and Skills. (2013). Understanding the costs and charges of a home-collected loan in the United Kingdom in 2012. Statista. Statista Inc.. Accessed: October 15, 2024. https://www.statista.com/statistics/293632/understanding-home-collected-loan-charges-in-the-united-kingdom/
Department for Business, Innovation and Skills. "Understanding The Costs and Charges of a Home-collected Loan in The United Kingdom in 2012." Statista, Statista Inc., 1 Jun 2013, https://www.statista.com/statistics/293632/understanding-home-collected-loan-charges-in-the-united-kingdom/
Department for Business, Innovation and Skills, Understanding the costs and charges of a home-collected loan in the United Kingdom in 2012 Statista, https://www.statista.com/statistics/293632/understanding-home-collected-loan-charges-in-the-united-kingdom/ (last visited October 15, 2024)
Understanding the costs and charges of a home-collected loan in the United Kingdom in 2012 [Graph], Department for Business, Innovation and Skills, June 1, 2013. [Online]. Available: https://www.statista.com/statistics/293632/understanding-home-collected-loan-charges-in-the-united-kingdom/