Financial Services » Banking » Consumer lending in the UK | Frequency of loan repayments 2017

How frequently are repayments due under this credit agreement?

Repayment frequency of adults with a personal loan in the United Kingdom in 2017

The data depicts the share of UK adults that have taken out a personal loan as of 2017, by the agreed frequency of repayment. It can be seen that 93% of personal loans taken had a repayment frequency at a monthly rate. Only 3% had a single repayment required.

Single repayment 3
Weekly 2
Fortnightly 0
Monthly 93
28 days (4 weeks) 1
Don't know 2