Chile: common uses for consumer loans 2017

Published by
Fernando de Querol Cumbrera,
Feb 8, 2023
This statistic displays the most frequent uses for consumer loans in Chile in 2017. On a survey, 38 percent of respondents that had received a consumer loan used it to pay off previously acquired debt.

Most frequent uses for consumer loans in Chile in 2017

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Release date

October 2017

Region

Chile

Survey time period

August 31 to October 2, 2017

Number of respondents

1,000 respondents

Age group

18 years and older

Special properties

Based on 178 respondents who had received a loan

Method of interview

Face-to-face interview

Supplementary notes

The survey was conducted in the Chilean cities of Antofagasta, Valparaíso, Viña del Mar, Concepción, Talcahuano, and the Santiago metropolitan region (Santiago province plus San Bernardo and Puente Alto).
The original question posed on the survey was: '¿En qué gastó, principalmente, ese crédito de consumo?'. Multiple answers were possible.

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