Loan companies are an ideal form of external financing – they are quick and easy to obtain, no formalities are required. As a result, we are increasingly convinced of the financial products offered by the non-banking sector. Monket has carried out another edition of the study for Zengga, which checks what we most often borrow money for. Statistics show that every third Pole lends money to renovate a house or apartment. What else do we decide to take out loans for and what are the other results of the study?
Monket survey for Zengga
Monket is a group that studies various markets – from fuel, through finance and banking, to public institutions. Thanks to reliable research tools, their statistics are reliable and consistent with the facts. Recently, a well-known research group has also conducted research for Zengga. The loan company wanted to see what we mainly borrow money for. Zengga successively conducts such research among people who have taken out a loan of up to 10,000 in the last two years. PLN – the last edition took place in November.
What do Poles mainly borrow?
Refreshing our apartment is the main reason why we reach for the financial support offered by non-bank companies – this was confirmed by the Monket survey for Zengga. As many as 37% of us incur obligations to renovate an apartment or a house. This result is 5 points. percent. higher than before, which can be confirmed by the fact that non-bank loans are becoming an increasingly attractive way of financing renovation.
Purchase of a car or bicycle
Secondly, we usually borrow to buy a car or bicycle – as many as 27% of respondents said so. A little less, because 23% of us, the loan is usually spent on expenses related to unexpected repairs or replacements of home appliances. For 21% of respondents, electronic gadgets (tablets, laptops, smartphones, etc.) are very important, because we devote the amount borrowed to them.
12% of respondents admitted that they also take out non-bank loans in order to cope with seasonal expenses, such as school layettes, which can significantly reduce the parent’s portfolio. In addition, 11% of us are forced to apply for funding to be able to finance health expenses, which are most often associated with covering the costs of unexpected illness.
How have the test results changed?
More and more Poles are taking out loans to cover expenses related to holidays and events. We reach this conclusion by comparing studies from March last year, where loans for holidays were declared by 14%, and today 22%. We borrow more for Christmas spending, but a little less for holiday spending – studies show that there are 2 such borrowers. percent. less than last year. It is worrying that the number of customers who are lending to pay off their previous liabilities is growing – there are as many as 9% of such people. It’s 2% less than in 2016, but it’s still worrying