| Value | Category | Cases | |
|---|---|---|---|
| 1 | High interest rate | 303 |
22.8%
|
| 2 | High other costs (application fee, processing fee, waiting t | 13 |
1%
|
| 3 | Lender too far | 6 |
0.5%
|
| 4 | Insufficient collateral | 41 |
3.1%
|
| 5 | Afraid cannot payback in time and of losing collateral | 187 |
14%
|
| 6 | Afraid cannot payback and incurring extra fee | 133 |
10%
|
| 7 | Afraid cannot payback and lose reputation | 86 |
6.5%
|
| 8 | Too much debt already | 14 |
1.1%
|
| 9 | Outstanding debt needs to be repaid before getting new credi | 38 |
2.9%
|
| 10 | Think lender would not approve credit | 38 |
2.9%
|
| 11 | No need for credit | 442 |
33.2%
|
| 12 | Other | 30 |
2.3%
|
| Sysmiss | 1044 |