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

How frequently are repayments due under this credit agreement?

Repayment frequency of adults with motor finance in the United Kingdom in 2017

The data depicts the share of UK adults that have taken out motor finance as of 2017, by the agreed frequency of repayment. It can be seen that 93% of motor finance loans taken had a repayment frequency at a monthly rate. Only 1% had a single repayment required.

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