| Value | Category | Cases | |
|---|---|---|---|
| 1 | High interest rate | 51 |
8.8%
|
| 2 | High other costs (application fee, processing fee, waiting t | 7 |
1.2%
|
| 3 | Lender too far | 2 |
0.3%
|
| 4 | Insufficient collateral | 29 |
5%
|
| 5 | Afraid cannot payback in time and of losing collateral | 46 |
7.9%
|
| 6 | Afraid cannot payback and incurring extra fee | 142 |
24.4%
|
| 7 | Afraid cannot payback and lose reputation | 89 |
15.3%
|
| 8 | Too much debt already | 15 |
2.6%
|
| 9 | Outstanding debt needs to be repaid before getting new credi | 53 |
9.1%
|
| 10 | Think lender would not approve credit | 29 |
5%
|
| 11 | No need for credit | 112 |
19.3%
|
| 12 | Other | 6 |
1%
|
| Sysmiss | 1772 |