Results for - Have you ever considered getting a loan?

1,935 voters participated in this survey

There is much discrepancy and misinformation about obtaining loans. People love them or hate them. If you understood more about loans would you be more interested in getting a loan? Please answer the questions below, honestly to see if others share your insight or have a different point of view.

1. What method are you most likely to use in searching for a loan?

Online Search
27%
510 votes
Phone book
3%
54 votes
Walk into a loan office
20%
381 votes
Referral from an acquaintance
12%
230 votes
Other (please specify)
5%
102 votes
Not Applicable
45%
847 votes

2. Under what circumstances do you think you would most likely get a loan for?

Medical
15%
280 votes
Business
7%
124 votes
Home Remodeling
21%
401 votes
Vacation
4%
77 votes
Other (please specify)
7%
131 votes
Not Applicable
47%
887 votes

3. What frightens you most about getting a loan?

Unsure if you will be able to pay it back on time?
20%
380 votes
Concerned about not understanding the fine print?
6%
110 votes
Worried about a high interest rate?
29%
545 votes
Worried about the loan company not being reputable?
4%
84 votes
Other (please specify)
2%
33 votes
Not Applicable
39%
748 votes

4. If you were going to get a loan what amount would seem sufficient?

Around $5,000 or less
18%
348 votes
Around $10,000 or less
24%
451 votes
More than $100,000
6%
113 votes
More than $500,000
2%
45 votes
Other (please specify)
3%
66 votes
Not Applicable
46%
877 votes

5. Are you likely to get reoccurring loans or just for emergencies?

I LOVE loans, I get them all the time!
2%
32 votes
Loans are helpful when in need
18%
335 votes
Loans should only be used in dire, extreme circumstances.
35%
674 votes
Not Applicable
45%
859 votes

6. What kind of research would be required for you to be prompted to get a loan?

Reading finance blogs.
11%
213 votes
Getting a free consultation from multiple sources.
31%
590 votes
Pinterest.
3%
52 votes
Asking friends for advice.
18%
346 votes
Other (please specify)
3%
53 votes
Not Applicable
52%
982 votes
04/24/2019 Money 1935 33 By: shawngoth

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By: shawngoth