Table 6.64: Use of credit to borrow money in the past 12 months by net annual household income
Column percentages, 2005/2006 data
Households
| £0 - £6,000 | £6,001 - £10,000 | £10,001 - £15,000 | £15,001 -£20,000 | £20,001 - £25,000 | £25,001 - £30,000 | £30,001 - £40,000 | Over £40,000 | All (income known) |
|---|
Bank overdraft | 6 | 4 | 9 | 13 | 16 | 17 | 19 | 21 | 12 |
|---|
Loan from bank, building society or credit union | 2 | 2 | 5 | 9 | 13 | 14 | 15 | 17 | 9 |
|---|
Loan from a finance company | 1 | 2 | 3 | 4 | 4 | 3 | 5 | 4 | 3 |
|---|
Loan from a money lender or 'tally man' | - | 0 | 0 | 0 | 0 | 0 | - | 0 | 0 |
|---|
Loan from friend or relative | 4 | 3 | 3 | 3 | 2 | 2 | 2 | 1 | 3 |
|---|
Loan, or advance on wages, from employer | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|---|
A ( DSS) Social Fund loan | 3 | 4 | 3 | 2 | 1 | 0 | 0 | - | 2 |
|---|
Cheque-cashing service | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|---|
Pawnbroker | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | 0 |
|---|
Other borrowing | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 1 | 1 |
|---|
None of these | 82 | 83 | 77 | 72 | 68 | 66 | 62 | 62 | 73 |
|---|
Refused | 3 | 3 | 2 | 3 | 3 | 3 | 4 | 2 | 3 |
|---|
Base | 1,983 | 5,266 | 6,163 | 4,299 | 3,282 | 2,887 | 3,588 | 2,384 | 29,852 |
|---|
Columns may add up to more than 100% due to multiple response