Results: Have you ever considered getting a loan?
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.
1.
What method are you most likely to use in searching for a loan? Online Search
27%
•
521 votes
Phone book
3%
•
55 votes
Walk into a loan office
20%
•
386 votes
Referral from an acquaintance
12%
•
233 votes
Other (please specify)
5%
•
104 votes
Not Applicable
45%
•
863 votes
2.
2.
Under what circumstances do you think you would most likely get a loan for? Medical
15%
•
285 votes
Business
7%
•
126 votes
Home Remodeling
21%
•
409 votes
Vacation
4%
•
78 votes
Other (please specify)
7%
•
135 votes
Not Applicable
47%
•
902 votes
3.
3.
What frightens you most about getting a loan? Unsure if you will be able to pay it back on time?
20%
•
386 votes
Concerned about not understanding the fine print?
6%
•
112 votes
Worried about a high interest rate?
29%
•
556 votes
Worried about the loan company not being reputable?
4%
•
84 votes
Other (please specify)
2%
•
34 votes
Not Applicable
39%
•
763 votes
4.
4.
If you were going to get a loan what amount would seem sufficient? Around $5,000 or less
18%
•
354 votes
Around $10,000 or less
24%
•
461 votes
More than $100,000
6%
•
115 votes
More than $500,000
2%
•
45 votes
Other (please specify)
3%
•
67 votes
Not Applicable
46%
•
893 votes
5.
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%
•
341 votes
Loans should only be used in dire, extreme circumstances.
36%
•
688 votes
Not Applicable
45%
•
874 votes
6.
6.
What kind of research would be required for you to be prompted to get a loan? Reading finance blogs.
11%
•
218 votes
Getting a free consultation from multiple sources.
31%
•
605 votes
Pinterest.
3%
•
52 votes
Asking friends for advice.
18%
•
352 votes
Other (please specify)
3%
•
54 votes
Not Applicable
52%
•
997 votes
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