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 November 20, 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 November 20, 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: November 20, 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 November 20, 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/