HCSTC borrowers are less likely to want to be managing money that is confident

HCSTC borrowers are less likely to want to be managing money that is confident

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

Figure 5 reveals that borrowers between 25 to 34 years of age keeping loans that are HCSTC33.4%) had been especially overrepresented in comparison to www.myukrainianbride.net/asian-brides/ the united kingdom grownups within that age groups (17.5%). Likewise, borrowers over 55 yrs old had been notably less prone to have HCSTC loans (12.2%) set alongside the British population within that age bracket (34.8%).

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