This question was phrased by the source as follows: "Thinking back to when you first took out your [selected product], what were the important reasons for choosing it?"
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Main reasons for taking out personal loans in the United Kingdom (UK) 2017
This statistic presents the results of a survey on the share of consumers who take out personal loans in the United Kingdom (UK) as of 2016, by main reasons behind their credit choice. Among respondents, ** percent stated that they had chosen a particular personal loan because of it's interest rate or annual percentage rate (APR). ** percent of respondents also agreed that repayment amounts were also a large factor when considering a personal loan.
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Financial Conduct Authority. (June 20, 2018). Thinking back to when you first took out your personal loan, what were the important reasons for choosing it? [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 31, 2026, from /statistics/857972/reasons-for-taking-out-personal-loans-united-kingdom-uk/
Financial Conduct Authority. "Thinking back to when you first took out your personal loan, what were the important reasons for choosing it?." Chart. June 20, 2018. ÌÇÐÄÆƽâ°æ. Accessed July 31, 2026. /statistics/857972/reasons-for-taking-out-personal-loans-united-kingdom-uk/
Financial Conduct Authority. (2018). Thinking back to when you first took out your personal loan, what were the important reasons for choosing it?. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 31, 2026. /statistics/857972/reasons-for-taking-out-personal-loans-united-kingdom-uk/
Financial Conduct Authority. "Thinking Back to When You First Took out Your Personal Loan, What Were The Important Reasons for Choosing It?." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 20 Jun 2018, /statistics/857972/reasons-for-taking-out-personal-loans-united-kingdom-uk/
Financial Conduct Authority, Thinking back to when you first took out your personal loan, what were the important reasons for choosing it? ÌÇÐÄÆƽâ°æ, /statistics/857972/reasons-for-taking-out-personal-loans-united-kingdom-uk/ (last visited July 31, 2026)
Thinking back to when you first took out your personal loan, what were the important reasons for choosing it? [Graph], Financial Conduct Authority, June 20, 2018. [Online]. Available: /statistics/857972/reasons-for-taking-out-personal-loans-united-kingdom-uk/
