This statistic shows the financial circumstances of households using payday loans in Great Britain in 2012. Of respondents, 74 percent of households with a payday loan often struggled to reach payday, while 75 percent constantly struggled or were behind with payments.
Financial circumstances of households using payday loans in Great Britain in 2012
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.
Department for Business, Innovation and Skills. (June 20, 2013). Financial circumstances of households using payday loans in Great Britain in 2012 [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/293712/high-cost-credit-households-using-payday-loans-great-britain-consequences/
Department for Business, Innovation and Skills. "Financial circumstances of households using payday loans in Great Britain in 2012." Chart. June 20, 2013. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/293712/high-cost-credit-households-using-payday-loans-great-britain-consequences/
Department for Business, Innovation and Skills. (2013). Financial circumstances of households using payday loans in Great Britain in 2012. Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/293712/high-cost-credit-households-using-payday-loans-great-britain-consequences/
Department for Business, Innovation and Skills. "Financial Circumstances of Households Using Payday Loans in Great Britain in 2012." Statista, Statista Inc., 20 Jun 2013, https://www.statista.com/statistics/293712/high-cost-credit-households-using-payday-loans-great-britain-consequences/
Department for Business, Innovation and Skills, Financial circumstances of households using payday loans in Great Britain in 2012 Statista, https://www.statista.com/statistics/293712/high-cost-credit-households-using-payday-loans-great-britain-consequences/ (last visited July 27, 2024)
Financial circumstances of households using payday loans in Great Britain in 2012 [Graph], Department for Business, Innovation and Skills, June 20, 2013. [Online]. Available: https://www.statista.com/statistics/293712/high-cost-credit-households-using-payday-loans-great-britain-consequences/