Women are eager to use credit products offered by both banks and non-bank institutions. As many as 58% of all clients of loan companies are women. In turn, the data of the Credit Information Bureau indicate that in December 2015 almost 51% of women had active credit products.
Loans for women
Non-bank institutions have long noticed the increased financial activity of women. Evidence of this are existing on our market companies specializing in granting loans mainly to ladies. Among such companies stand out for granting short-term loans, ie payday loan. A way to arouse women’s sympathy is, among others, feminine colors of the website or attractive graphics. Such sites are simply entirely dedicated to ladies.
Thoughtful and proven financial decisions
Women make wiser final loan decisions by adjusting the amount of monthly installments to their budget, which means they pay their liabilities more often on time. According to statistics, women more often than men compare offers using payday rankings, installment loan rankings and loan comparers.
Young women borrow more often
According to credit checker among women aged 35-44, as many as 3 out of 5 have a loan. The most numerous credit group are women in the best consumer period from the lender’s perspective, i.e. up to 45 years of age. They are then the most professionally active, thanks to which they have no problems with timely repayment of liabilities.
Women up to the age of 35, often without having too many obligations, spend the borrowed funds on their own pleasures, purchase of home appliances and electronics, or on improving the quality of life. Traveling, weekends at the SPA, as well as refreshing the image – a hairdresser, a beautician, new clothes, and these pleasures are also realized by a large number of women thanks to small loans.
We take loans on Mondays
According to statistics – borrowers definitely more often decides to complete an online loan application at the beginning of the week. As we can see in the above infographics, the level of completed applications drops significantly at weekends, from 18% on Monday to just 8% on Sundays. So we can assume that in our free time we allow ourselves a bit of relaxation and do not worry about finances.