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payday
| Variable | Question text | Label |
|---|---|---|
| B24 | Payday loans are small, short-term loans that must be paid in full when the borrowers receive their next pay check or other regular deposit (such as a Social Security payment). These loans are often paid with a post-dated check. Please select the following statement that best describes your situation regarding these products. | your payday loan experience |
| B24a | What is the approximate amount of the last payday loan you took? | amount of last payday loan |
| B26 | Thinking back now to the last time you took out a payday loan, which of the following best describes what specifically you needed the money for? Please choose all that apply. | Paying utility bills (phone, power, gas) |
| B27 | Some people pay back their payday loan by taking out a new loan. Have you ever done this? | taken out loan to pay back loan |
| B28 | For your most recent payday loan, how long did it take until you no longer owed any money? | how long to pay back loan |
| B29 | Please tell us about the borrowing experience from your most recent payday loan. Please choose all of the reasons that apply. | The fees were about what I expected |
| B30 | Please list all of the reasons you decided not to get a payday loan. Please choose all the reasons that apply. | I had/have no need for payday loans |