This statistic shows the main reasons UK households have for taking out a payday loan over other types of loans in Great Britain in 2012. At ** percent of respondents, the most common reason cited was that it was the only kind of credit they could get. The speed of obtaining the loan was a main reason for ** percent.
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Department for Business, Innovation and Skills. (June 20, 2013). Main reasons why people decide to take out a payday loan over other types of loans in Great Britain in 2012 [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 04, 2026, from /statistics/293602/reasons-why-households-take-out-payday-loans-in-the-united-kingdom/
Department for Business, Innovation and Skills. "Main reasons why people decide to take out a payday loan over other types of loans in Great Britain in 2012." Chart. June 20, 2013. ÌÇÐÄÆÆ½â°æ. Accessed August 04, 2026. /statistics/293602/reasons-why-households-take-out-payday-loans-in-the-united-kingdom/
Department for Business, Innovation and Skills. (2013). Main reasons why people decide to take out a payday loan over other types of loans in Great Britain in 2012. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 04, 2026. /statistics/293602/reasons-why-households-take-out-payday-loans-in-the-united-kingdom/
Department for Business, Innovation and Skills. "Main Reasons Why People Decide to Take out a Payday Loan over Other Types of Loans in Great Britain in 2012." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 20 Jun 2013, /statistics/293602/reasons-why-households-take-out-payday-loans-in-the-united-kingdom/
Department for Business, Innovation and Skills, Main reasons why people decide to take out a payday loan over other types of loans in Great Britain in 2012 ÌÇÐÄÆÆ½â°æ, /statistics/293602/reasons-why-households-take-out-payday-loans-in-the-united-kingdom/ (last visited August 04, 2026)
Main reasons why people decide to take out a payday loan over other types of loans in Great Britain in 2012 [Graph], Department for Business, Innovation and Skills, June 20, 2013. [Online]. Available: /statistics/293602/reasons-why-households-take-out-payday-loans-in-the-united-kingdom/