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Perceived customer value of an installment payment option when making purchases in the United Kingdom (UK) 2015 to 2016*

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Source

Release date

March 2016

Region

United Kingdom

Survey time period

2015 to 2016

Number of respondents

500 respondents

Age group

18 years and older

Special properties

Percent of respondents answering with either "valuable" or "very valuable"

Method of interview

Online survey

Supplementary notes

* The full question asked to respondents was "When making a purchase, how valuable would an installment choice be for you, for example, purchasing a £500 refrigerator and paying it off in monthly installments of £100?"

Citation formats

Customer value of installment payment options in the United Kingdom (UK) 2015-2016

Published by ÌÇÐÄÆƽâ°æ Research Department, Sep 15, 2017
This statistic shows the results of a survey in which respondents in the United Kingdom (UK) were asked if they would value an installment payment option when making a significant purchase. The survey question was conducted in 2015 and repeated in 2016 to show any changes in preference. Although the number of respondents has risen from ** percent in 2015 to ** percent in 2016, under ** percent of respondents would still like this as a payment option with most people preferring to pay in one go.
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