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HCSTC borrowers are less inclined to be confident handling money

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HCSTC borrowers are less inclined to be confident handling money

Based on our Financial Lives Survey 2017, borrowers with HCSTC loans (payday and instalment that is short-term) differ in age.

Figure 5 demonstrates that borrowers between 25 to 34 years old holding loans that are HCSTC33.4%) were especially overrepresented in comparison to the united kingdom grownups within that age groups (17.5%). Likewise, borrowers over 55 years old were considerably less prone to have HCSTC loans (12.2%) set alongside the British population within that age bracket (34.8%). Leer más

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