Routing for UAS586
mainintro
This survey focuses on you and your household's use of financial products and services such as checking accounts, credit cards, and loans. "Household" includes you and others living with you who contribute financially to your living expenses. If you live alone, or do not consider anyone else to be a member of your household, please answer these questions as an individual. For all questions, please answer to the best of your ability. If you are not sure about the answer to a question, your best guess will do.
sc001 (how involved in financial decisions)
Which of the following statements best describes how involved you are in making financial decisions for your household?
1 I am the primary decision maker
2 I share equally in the decision making
3 Someone else is more involved in the decision making than I am
2 I share equally in the decision making
3 Someone else is more involved in the decision making than I am
if sc001 = 3 then
earlyexit
Thank you for you interest in this survey! Unfortunately you are currently not eligible to participate. If you think you reached this screen in error, please contact the UAS help desk at uashelp@usc.edu.
Click "Next" to return to your panel member pages.
Click "Next" to return to your panel member pages.
dummy := doPayout(586, 1)
Exit the survey
End of if
ba_intro
The next questions ask about banking products for your household.
ba001 (have checking account)
Do you or anyone else in your household have a checking account now?
1 Yes
2 No
3 I don't know
2 No
3 I don't know
if ba001 = 2 then
ba007 (close checking account in last 12 months)
You indicated you do not have a checking account now. Have you or anyone else in your household closed a checking account in the last 12 months?
1 Yes
2 No
3 I don't know
2 No
3 I don't know
End of if
if ba001 = 1 OR (ba001 = 2 AND ba007 = 1) then
ba002 (charged monthly fee checking account)
Within the past 12 months, have you or anyone else in your household been charged a monthly fee (sometimes called an account usage fee or maintenance fee) for having the checking account?
1 Yes
2 No
3 I don't know
2 No
3 I don't know
ba003 (charged overdraft fee checking account)
In the last 12 months, have you or anyone else in your household been charged any fee for not having enough money in your checking account to pay for a purchase or charge that came in? This could be called an overdraft fee, a non-sufficient funds fee, or a bounced check fee.
1 Yes
2 No
3 I don't know
2 No
3 I don't know
if ba003 = 1 then
ba004a (number of times paid fee checking account)
Taking your best guess, how many times have you or anyone else in your household paid one of these overdraft fees, non-sufficient funds fees, or bounced check fees in the past 12 months?
1 Once
2 Twice
3 3 - 5 times
4 6 - 10 times
5 11 - 14 times
6 15 - 30 times
7 31 - 50 times
8 More than 50 times
9 I don't know
2 Twice
3 3 - 5 times
4 6 - 10 times
5 11 - 14 times
6 15 - 30 times
7 31 - 50 times
8 More than 50 times
9 I don't know
ba010c (what caused to overdraft/NSF most recent experience)
Thinking about your most recent overdraft/NSF experience, which of the following is most accurate?
1 I knew my account balance wouldn't cover the expense but chose to make the purchase or payment anyway
2 I knew my account balance was low but thought there was a chance it would cover the expense
3 I did not realize my account balance would not cover the expense
4 I don't know
2 I knew my account balance was low but thought there was a chance it would cover the expense
3 I did not realize my account balance would not cover the expense
4 I don't know
ba011 (what prefer in most recent overdraft experience)
Thinking about your most recent overdraft experience, would you have preferred:
1 To incur an overdraft fee and ensure the purchase or payment went through
2 That the purchase or payment be declined
2 That the purchase or payment be declined
if ba010c = 1 then
if sizeof(ba014_order) = 0 then
ba014_order := shuffleArray(array(1 => 1, 2 => 2, 3 => 3, 4 => 4, 5 => 5, 6 => 6, 7 => 7))
ba014_order[8] := 8
End of if
ba014 (action if overdraft were not available)
Thinking about your most recent overdraft experience, if overdraft were not available, I would have:
1 Taken a loan from my bank or financial institution
2 Used a service such as a payday loan, pawn loan, or a cash advance
3 Used a service to access wages before my payday
4 Borrowed from friends or family
5 Put it on a credit card
6 Accessed funds in some other way
7 Not made the purchase or paid the bill
8 I don't know
2 Used a service such as a payday loan, pawn loan, or a cash advance
3 Used a service to access wages before my payday
4 Borrowed from friends or family
5 Put it on a credit card
6 Accessed funds in some other way
7 Not made the purchase or paid the bill
8 I don't know
End of if
ba012 (how large purchase most recent overdraft experience)
Think about your most recent overdraft experience. How large was the purchase or payment you made that incurred the overdraft?
1 Less than $10
2 $10 - $25
3 $26 - $50
4 $51 - $100
5 $101 - $150
6 More than $150
7 I don't know
2 $10 - $25
3 $26 - $50
4 $51 - $100
5 $101 - $150
6 More than $150
7 I don't know
End of if
ba008c (used atm to withdraw cash past 12 months)
In the past 12 months, have you or anyone in your household used an ATM to withdraw cash?
1 Yes
2 No
3 I don't know
2 No
3 I don't know
if ba008c = 1 then
ba015 (paid fee atm to withdraw cash past 12 months)
In the past 12 months, have you or anyone in your household paid a fee to withdraw cash from an ATM?
1 Yes
2 No
3 I don't know
2 No
3 I don't know
if ba015 = 1 then
ba009a (how many times paid atm fee past 12 months)
Taking your best guess, how many times have you or anyone else in your household paid an ATM fee in the past 12 months?
1 Once
2 Twice
3 3 - 5 times
4 6 - 10 times
5 11 - 14 times
6 15 - 30 times
7 31 - 50 times
8 More than 50 times
9 I don't know
2 Twice
3 3 - 5 times
4 6 - 10 times
5 11 - 14 times
6 15 - 30 times
7 31 - 50 times
8 More than 50 times
9 I don't know
End of if
End of if
End of if
ba005 (have savings account)
Do you or anyone else in your household have a savings account now?
1 Yes
2 No
3 I don't know
2 No
3 I don't know
if ba005 = 1 then
ba006 (charged monthly fee savings account)
Within the past 12 months, have you or anyone in your household been charged a monthly fee (sometimes referred to as an account usage fee or maintenance fee) for the savings account?
1 Yes
2 No
3 I don't know
2 No
3 I don't know
End of if
if ba001 = 1 OR ba005 = 1 then
ba016 (type of financial institution account)
You indicated that you or someone else in your household have either a checking or savings account. What type of financial institution do you have this account with? Please think about your most frequently used account if you have multiple accounts.
1 A bank with physical branch locations (e.g. Bank of America, Wells Fargo, Chase, etc.)
2 An online bank with no physical branch locations (e.g. Ally, SoFi, Varo, etc.)
3 A credit union
4 A savings and loan association (also known as thrift institutions)
5 I don't know
2 An online bank with no physical branch locations (e.g. Ally, SoFi, Varo, etc.)
3 A credit union
4 A savings and loan association (also known as thrift institutions)
5 I don't know
End of if
if ba001 = 1 AND ba005 = 1 then
ba017 (you or anyone else in your household had an account with a provider of online bank accounts)
In the past 12 months, have you or anyone else in your household had an account with a provider of online bank accounts such as Chime, Varo, Current, Aspiration, or other similar companies? These are institutions that don’t generally have physical locations.
1 Yes
2 No
3 I don't know
2 No
3 I don't know
End of if
ba018 (you or anyone else in your household used online payment services)
In the past 12 months, have you or anyone else in your household used any online payment services with an account feature that allows you to receive and store money in an account? Examples are PayPal, Venmo, or Cash App. Please do not include Zelle.
1 Yes
2 No
3 I don't know
2 No
3 I don't know
al_intro
The next questions ask about a variety of financial services you may have used in the past 12 months.
al002a (rent items)
In the past 12 months, did you or anyone else in your household rent any items such as furniture or appliances from a rent-to-own store (for example, Aaron's or Rent-A-Center)? We do not mean stores that offer layaway plans.
1 Yes
2 No
3 I don't know
2 No
3 I don't know
al003c (take out tax refund anticipation check )
In the past 12 months, did you or anyone else in your household use a service to delay the cost of tax preparation? This is known as a refund transfer or a refund anticipation check (RAC). The tax preparation charges and any fee for the service are then deducted from your tax refund before you receive the money.
1 Yes
2 No
3 I don't know
2 No
3 I don't know
al018 (anyone in household take out tax refund anticipation loan)
In the past 12 months did you or anyone else in your household use a service to get your tax refund faster than the IRS would provide it? This can include refund anticipation loans and refund advances.
1 Yes
2 No
3 I don't know
2 No
3 I don't know
al004 (used auto title loans)
In the past 12 months, did you or anyone in your household take out a loan that requires the borrower to provide the title to their car in exchange for borrowing money for a short period of time? These are often called auto title loans. This is different from a loan used to purchase a car.
1 Yes
2 No
3 I don't know
2 No
3 I don't know
al008 (have secured credit card)
A credit card that is secured by cash held in a bank account is often called a secured credit card. For example, someone deposits $500 and then can charge up to a limit of $500 on the card.
In the past 12 months, did you or anyone else in your household have a secured credit card?
In the past 12 months, did you or anyone else in your household have a secured credit card?
1 Yes
2 No
3 I don't know
2 No
3 I don't know
al005a (how often take out payday loan)
In the past 12 months, how frequently did you or anyone else in your household take out a payday loan? If you rolled over or extended a payday loan, please count each rollover as a separate loan.
1 Never
2 Once
3 Twice
4 Three or more times
5 I don't know
2 Once
3 Twice
4 Three or more times
5 I don't know
al021 (you or anyone else in your household taken a cash advance past 12 months)
In the past 12 months, have you or anyone else in your household taken a cash advance from an online provider? These could include companies like Dave, MoneyLion, Empower, or Brigit and others.
1 Yes
2 No
3 I don't know
2 No
3 I don't know
if al021 = 1 then
al022 (how frequently household taken cash advance from online provider)
Typically, how frequently has your household taken a cash advance from an online provider?
1 Once a week
2 Once every two weeks
3 Once a month
4 Once every few months
5 Less than once every few months
2 Once every two weeks
3 Once a month
4 Once every few months
5 Less than once every few months
End of if
al001a (how often pawn item)
In the past 12 months, how frequently did you or anyone else in your household pawn an item at a pawn shop? Do not include selling an unwanted item to a pawn shop.
1 Never
2 Once
3 Twice
4 Three or more times
5 I don't know
2 Once
3 Twice
4 Three or more times
5 I don't know
if al001a = response and al001a != 1 then
al010 (had to forfeit pawned item in past 12 months)
In the past 12 months, have you or anyone else in your household had to forfeit a pawned item because you were unable to pay off your loan? Do not include selling an unwanted item to a pawn shop.
1 Yes
2 No
3 I don't know
2 No
3 I don't know
End of if
al_intro2
The next questions also ask about other financial services you may have used in the past 12 months. Please select all options that apply.
al006c (cashed check)
In the past 12 months, have you or anyone else in your household cashed a check? We are not referring to depositing a check.
1 Yes
2 No
3 I don't know
2 No
3 I don't know
if al006c = 1 then
Group of questions presented on the same screen
al023 (which locations use to cash check)
In the past 12 months, which locations did you or others in your household use to cash a check? Please select all that apply.
1 A bank or credit union
2 A stand-alone check cashing service or payday lender
3 A wholesale store or a big box store (such as Walmart, Costco, etc.)
4 Grocery, liquor, convenience or drug store
5 Other, please specify:
6 I don't know
2 A stand-alone check cashing service or payday lender
3 A wholesale store or a big box store (such as Walmart, Costco, etc.)
4 Grocery, liquor, convenience or drug store
5 Other, please specify:
6 I don't know
al023_other (other which locations use to cash check)
STRINGEnd of group of questions
End of if
al007c (purchase a money order)
In the past 12 months, did you or anyone else in your household purchase a money order? We are not talking about cashier’s checks.
1 Yes
2 No
3 I don't know
2 No
3 I don't know
if al007c = 1 then
Group of questions presented on the same screen
al024 (which locations use to purchase a money order)
In the past 12 months, which locations did you or others in your household use to purchase a money order? Please select all that apply.
1 A bank or credit union
2 A wholesale store or big box store (such as Walmart, Costco, etc.)
3 A post office
4 Grocery, liquor, convenience, or drug store
5 A stand-alone check cashing service or payday lender
6 Other, please specify:
7 I don't know
2 A wholesale store or big box store (such as Walmart, Costco, etc.)
3 A post office
4 Grocery, liquor, convenience, or drug store
5 A stand-alone check cashing service or payday lender
6 Other, please specify:
7 I don't know
al024_other (other which locations use to purchase a money order)
STRINGEnd of group of questions
End of if
al009c (send remittance)
In the past 12 months, did you or anyone else in your household send money to friends or family living outside the US?
1 Yes
2 No
3 I don't know
2 No
3 I don't know
if al009c = 1 then
al025 (which locations use to send money to friends or family living outside the US)
In the past 12 months, which of the following did you or others in your household use to send money to friends or family living outside the US? Please select all that apply.
1 A bank or credit union
2 A place or service other than a bank or credit union (for example, Western Union, TransferWise, Walmart, Moneygram, USPS, Xoom, or Rio)
3 I don't know
2 A place or service other than a bank or credit union (for example, Western Union, TransferWise, Walmart, Moneygram, USPS, Xoom, or Rio)
3 I don't know
End of if
al026 (you or anyone else in household currently work for employer)
Do you or anyone else in your household currently work for an employer?
1 Yes
2 No
3 I don't know
2 No
3 I don't know
if al026 = 1 then
al011c (employer offer access to wages pre payday)
Does your employer offer a service to access your earned wages before your actual payday (even if you do not personally use the benefit)? Employers typically partner with a provider like Even, Payactiv, Dailypay, Branch, or Instant Financial to offer such a service, or can offer this through their own payroll.
1 Yes
2 No
3 I don't know
2 No
3 I don't know
if al011c = 1 then
al012c (utilized access to wages pre payday past 12 months)
In the past 12 months, have you or someone else in your household utilized a service offered through your employer to access your earned wages before your actual payday?
1 Yes
2 No
3 I don't know
2 No
3 I don't know
if al012c = 1 then
al013 (how often utilized access to wages pre payday)
Typically, how frequently do you use a service that allows you to access your earned wages before your actual payday?
1 Once a week
2 Once every two weeks
3 Once a month
4 Once every few months
5 Less than once every few months
2 Once every two weeks
3 Once a month
4 Once every few months
5 Less than once every few months
End of if
End of if
End of if
Group of questions presented on the same screen
pr_intro
The following questions ask about prepaid cards. Prepaid cards allow you or others, like relatives or a government agency, to load funds that can later be spent. Some prepaid cards also allow you to withdraw cash from ATMs. We are not asking about gift cards or debit cards linked to a checking account. For this screen, please do not include the gift card you received for being a study participant in the Understanding America Study when answering questions about prepaid cards you may own.
pr001 (use any prepaid cards)
In the past 12 months, did you or anyone else in your household use any prepaid cards, other than the "Clincard" you received from the UAS for survey payments?
1 Yes
2 No
3 I don't know
2 No
3 I don't know
End of group of questions
if pr001 = 1 then
Group of questions presented on the same screen
pr002c (where prepaid cards come from)
Where did the prepaid cards that you or anyone else in your household used in the past 12 months come from? Please select all that apply.
1 A store or website that is not a bank
2 A bank or credit union, including a bank or credit union website
3 A government agency to access government benefits such as TANF (cash assistance), SNAP (food stamps), unemployment, social security, or disability
4 An employer to pay salary or wages
5 Family or friends
6 Other, please specify:
7 None of the above
8 I don't know
2 A bank or credit union, including a bank or credit union website
3 A government agency to access government benefits such as TANF (cash assistance), SNAP (food stamps), unemployment, social security, or disability
4 An employer to pay salary or wages
5 Family or friends
6 Other, please specify:
7 None of the above
8 I don't know
pr002c_other (other where prepaid cards come from)
STRINGpr_script
End of group of questions
End of if
cr_intro
The next questions ask about two types of credit cards that your household may or may not use today. Pictures of each type are included below, so please familiarize yourself with each.
| A credit card with a Visa, MasterCard, American Express, or Discover logo that can be used at multiple merchants, not just a single store. Some of these cards may include the name of a store or retailer (for example, Macy's, Amazon) but also have a credit card company logo. | Store cards without a Visa, MasterCard, American Express or Discover logo that can only be used at the store that issues them (for example, JCPenney or Target) or a related set of stores. |
|---|---|
|
|
|
|
cr001 (used Visa, MasterCard, American Express, or Discover credit card)
In the past 12 months, have you or anyone else in your household used a Visa, MasterCard, American Express, or Discover credit card? Please do not include debit cards.
1 Yes
2 No
3 I don't know
2 No
3 I don't know
if cr001 = 1 then
cr013 (how many Visa, Mastercard, American Express, or Discover credit cards household have)
How many Visa, Mastercard, American Express, or Discover credit cards does your household have?
1 One
2 Two
3 Three
4 Four
5 Five or more
2 Two
3 Three
4 Four
5 Five or more
cr002a (how often carry balance on credit card)
In the past 12 months, how often did you or anyone else in your household pay less than the full amount you owe on a credit card from Visa, MasterCard, American Express, or Discover? Please do not include debit cards or cards with 0% interest.
1 Never - I pay off the balance every month
2 Once
3 Some of the time
4 Most or all of the time
2 Once
3 Some of the time
4 Most or all of the time
if cr002a = response and cr002a != 1 then
cr003a (amount owed from outstanding balances credit card)
Please estimate the amount your household currently owes from outstanding credit card balances carried over from previous months on all Visa, MasterCard, American Express, or Discover credit cards. If you aren't sure, your best guess will do. Please do not include debit cards or cards with 0% interest. For example, if you currently carry a $500 balance on one card, $1500 on another card and $2000 on a third card, your total balance would be $4000.
1 $0
2 $1 - $500
3 $501 - $1,000
4 $1,001 - $2,000
5 $2,001 - $3,000
6 $3,001 - $4,000
7 $4,001 - $5,000
8 $5,001 - $7,500
9 $7,501 - $10,000
10 $10,001 - $15,000
11 $15,001 - $25,000
12 $25,001 - $50,000
13 More than $50,000
14 I don't know
2 $1 - $500
3 $501 - $1,000
4 $1,001 - $2,000
5 $2,001 - $3,000
6 $3,001 - $4,000
7 $4,001 - $5,000
8 $5,001 - $7,500
9 $7,501 - $10,000
10 $10,001 - $15,000
11 $15,001 - $25,000
12 $25,001 - $50,000
13 More than $50,000
14 I don't know
End of if
End of if
cr004a (used store card)
In the past 12 months, have you or anyone else in your household used a store credit card that can only be used at the store that issues it (for example, JCPenney or Target) or a related set of stores? Please do not include store gift cards.
1 Yes
2 No
3 I don't know
2 No
3 I don't know
if cr004a = 1 then
cr014 (how many store credit cards does household have)
How many store credit cards does your household have?
1 One
2 Two
3 Three
4 Four
5 Five or more
2 Two
3 Three
4 Four
5 Five or more
cr005a (how often carry balance on store card)
In the past 12 months, how often did your household pay less than the full amount you owe on one or more of your store credit cards? A store credit card is a credit card that is only good at the store that issues it (for example, JCPenney or Target). Please do not include store gift cards or cards with 0% interest.
1 Never - I pay off the balance every month
2 Once
3 Some of the time
4 Most or all of the time
2 Once
3 Some of the time
4 Most or all of the time
if cr005a = response and cr005a != 1 then
cr006a (amount owed from outstanding balances store card)
Please estimate the amount your household currently owes from outstanding credit card balances carried over from previous months on all store credit cards. A store credit card is a credit card that is only good at the store that issues it (for example, JCPenney or Target). If you aren't sure, your best guess will do. Please do not include store gift cards or cards with 0% interest. For example, if you currently carry a $500 balance on one card, $1500 on another card and $2000 on a third card, your total balance would be $4000.
1 $0
2 $1 - $500
3 $501 - $2,000
4 $2,001 - $5,000
5 More than $5,000
6 I don't know
2 $1 - $500
3 $501 - $2,000
4 $2,001 - $5,000
5 More than $5,000
6 I don't know
End of if
End of if
cr007c (made online purchase buy now pay later)
In the last 12 months, have you or anyone else in your household made an online or mobile purchase with a service that partners with an online or store retailer and allows you to break payments into four equal installments with no interest? These are sometimes called "buy-now-pay-later," BNPL, or "point-of-sale" loans.
Companies offering such a service include Affirm, Afterpay, Sezzle, PayPal Pay in 4, and Klarna. Please do not include plans used to finance purchases in more than four installments.
Companies offering such a service include Affirm, Afterpay, Sezzle, PayPal Pay in 4, and Klarna. Please do not include plans used to finance purchases in more than four installments.
1 Yes
2 No
3 I don't know
2 No
3 I don't know
if cr007c = 1 then
cr008c (number of times online purchase buy now pay later)
In the last 12 months, how many times have you or anyone else in your household made a purchase using a buy-now-pay-later service? Please do not include plans used to finance purchases in more than four installments.
1 Once
2 Twice
3 3 - 5 times
4 6 - 10 times
5 11 - 25 times
6 More than 25 times
7 I don't know
2 Twice
3 3 - 5 times
4 6 - 10 times
5 11 - 25 times
6 More than 25 times
7 I don't know
if cr008c != 7 then
cr012c (how many times used buy-now-pay-later service)
In the past month ONLY, how many times have you or anyone else in your household made a purchase using a buy-now-pay-later service? Please do not include plans used to finance purchases in more than four installments.
1 None
2 One
3 2-4
4 5-9
5 More than 10
2 One
3 2-4
4 5-9
5 More than 10
if cr012c = response and cr012c != 1 then
Group of questions presented on the same screen
cr015 (which of following you or anyone else in household used to make purchase)
Which of the following have you or anyone else in your household used to make a purchase in the last month? Please do not include plans used to finance purchases in more than four installments. Please select all that apply.
1 Klarna
2 AfterPay
3 PayPal Pay in 4
4 Apple Pay Later
5 Affirm
6 Sezzle
7 Zip
8 Other, please specify:
9 I don't recall the name
2 AfterPay
3 PayPal Pay in 4
4 Apple Pay Later
5 Affirm
6 Sezzle
7 Zip
8 Other, please specify:
9 I don't recall the name
cr015_other (other which of following you or anyone else in household used to make purchase)
STRINGEnd of group of questions
End of if
End of if
cr010a (experiences using buy now pay later)
Which, if any, of the following have you experienced in the last 12 months using a buy-now-pay-later (BNPL) service? Please select all that apply.
1 I spent more money or made a purchase I wouldn't have if BNPL were not available
2 It was difficult for me to afford the payments
3 I was late or missed one or more payments
4 I experienced an overdraft or incurred another fee from my bank due to a BNPL payment
5 None of the above
2 It was difficult for me to afford the payments
3 I was late or missed one or more payments
4 I experienced an overdraft or incurred another fee from my bank due to a BNPL payment
5 None of the above
End of if
au_intro
The next questions ask about your household’s auto financing.
au001a (leasy any automobiles)
Does your household currently lease any automobiles?
1 Yes
2 No
3 I don't know
2 No
3 I don't know
au002c (have any auto loans)
Do you or anyone else in your household currently have any auto loans?
1 Yes
2 No
3 I don't know
2 No
3 I don't know
if au002c = 1 then
au006 (auto loans new car loans or used car loans)
Are your household's auto loans new car loans or used car loans? Please select all that apply.
1 New car loans
2 Used car loans
3 I don't know
2 Used car loans
3 I don't know
if 1 in au006 then
au003a (amount owed from new auto loans)
Please estimate the amount your household currently owes on new auto loans. If you aren’t sure, your best guess will do. For example, if you currently have a $7000 balance on one type of new auto loan and $2000 on another new auto loan, your total new auto loan balance would be $9000.
1 $1 - $2,500
2 $2,501 - $5,000
3 $5,001 - $10,000
4 $10,001 - $15,000
5 $15,001 - $25,000
6 $25,001 - $35,000
7 $35,001 - $45,000
8 $45,001 - $75,000
9 More than $75,000
10 I don't know
2 $2,501 - $5,000
3 $5,001 - $10,000
4 $10,001 - $15,000
5 $15,001 - $25,000
6 $25,001 - $35,000
7 $35,001 - $45,000
8 $45,001 - $75,000
9 More than $75,000
10 I don't know
End of if
if 2 in au006 then
au004a (amount owed from used auto loans)
Please estimate the amount your household currently owes on used auto loans. If you aren’t sure, your best guess will do. For example, if you currently have a $5000 balance on one type of used auto loan and $2000 on another used auto loan, your total used auto loan balance would be $7000.
1 $1 - $2,500
2 $2,501 - $5,000
3 $5,001 - $10,000
4 $10,001 - $15,000
5 $15,001 - $25,000
6 $25,001 - $35,000
7 $35,001 - $45,000
8 $45,001 - $75,000
9 More than $75,000
10 I don't know
2 $2,501 - $5,000
3 $5,001 - $10,000
4 $10,001 - $15,000
5 $15,001 - $25,000
6 $25,001 - $35,000
7 $35,001 - $45,000
8 $45,001 - $75,000
9 More than $75,000
10 I don't know
au005a (get auto loan from dealership without credit check)
In the past 12 months, did you or anyone else in your household get an auto loan from a car dealership that does not require a credit check? These are sometimes called Buy-Here-Pay-Here car dealerships and may require that you make your loan payments in person at the car lot.
1 Yes
2 No
3 I don't know
2 No
3 I don't know
End of if
End of if
st_intro
The next questions ask about your household's student loans.
st008c (you or anyone else in household currently have student loans)
Do you or anyone else in your household currently have any student loans? Please include loans that your household took out for the education of someone who may not be part of your household now, such as a grandchild or a child who no longer lives with you.
1 Yes, my household currently has student loan(s)
2 No
3 I don't know
2 No
3 I don't know
if st008c = 1 then
st001b (type of student loans)
What type of student loans does your household have? Please select all that apply.
1 Federal student loans (including Parent Loans for Undergraduate Students (PLUS))
2 Private student loans from banks, credit unions, online lenders, or other financial institutions
3 Student loans from a college, university, or short-term educational program/bootcamp
4 Loans from family or friends
5 I don't know
2 Private student loans from banks, credit unions, online lenders, or other financial institutions
3 Student loans from a college, university, or short-term educational program/bootcamp
4 Loans from family or friends
5 I don't know
if 1 in st001b then
st009 (how difficult has it been to meet student loan obligations)
How difficult has it been to meet your student loan obligations, since federal payments restarted on October 1, 2023?
1 Very difficult
2 Somewhat difficult
3 Neither difficult nor easy
4 Somewhat easy
5 Very easy
2 Somewhat difficult
3 Neither difficult nor easy
4 Somewhat easy
5 Very easy
End of if
End of if
ot_intro
The next question asks about other loans for your household.
ot001c (have any unsecured installment loans)
Separate from student loans, loans secured by items (such as vehicles and property), or buy-now-pay-later services, in the past 12 months, did you or anyone in your household have a loan that is repaid over time through a set number of scheduled payments? This is often called an unsecured installment loan or an unsecured personal loan.
1 Yes
2 No
3 I don't know
2 No
3 I don't know
if ot001c = 1 then
ot003 (which locations use to get unsecured loan)
In the past 12 months, what locations did you or anyone in your household use to get an unsecured installment loan or an unsecured personal loan?
Examples of organizations that might provide installment loans include banks and credit unions, finance companies like OneMain Financial and online lenders like Lending Club, SoFi, Oppfi or Prosper. Please select all that apply.
Examples of organizations that might provide installment loans include banks and credit unions, finance companies like OneMain Financial and online lenders like Lending Club, SoFi, Oppfi or Prosper. Please select all that apply.
1 A bank or credit union
2 A finance company (e.g., OneMain Financial)
3 An online-only lender (e.g., Lending Club)
4 I don't know
2 A finance company (e.g., OneMain Financial)
3 An online-only lender (e.g., Lending Club)
4 I don't know
ot004 (how many unsecured installment loans does household currently have in total)
How many unsecured installment loans does your household currently have in total?
1 One
2 Two
3 Three
4 Four
5 Five or more
2 Two
3 Three
4 Four
5 Five or more
ot002b (amount owed from installment loans)
Please estimate the amount your household currently owes for all unsecured installment loans or unsecured personal loans. If you aren't sure, your best guess will do.
1 $1 - $1,500
2 $1,501 - $2,500
3 $2,501 - $5,000
4 $5,001 - $7,500
5 $7,501 - $10,000
6 $10,001 - $15,000
7 $15,001 - $20,000
8 More than $20,000
9 I don't know
2 $1,501 - $2,500
3 $2,501 - $5,000
4 $5,001 - $7,500
5 $7,501 - $10,000
6 $10,001 - $15,000
7 $15,001 - $20,000
8 More than $20,000
9 I don't know
End of if
pl_intro
The next few questions ask about your retirement funds and investments.
Group of questions presented on the same screen
pl001_intro
Do you or anyone else in your household have any of the following retirement or other savings or investment accounts?
Subgroup of questions
pl001a (have employer-provided retirement account )
Employer-provided retirement account (such as a 401k, 403(b) or Thrift Savings Plan (TSP), etc.).
1 Yes
2 No
3 I don't know
2 No
3 I don't know
pl001b (have individual retirement account not provided by an employer)
Individual retirement account not provided by an employer (such as an IRA, Keogh, SEP, or any other retirement fund).
1 Yes
2 No
3 I don't know
2 No
3 I don't know
pl001c (investment account opened for purpose of investing in stock market)
Investment account you opened for the purpose of investing in the stock market, either through a traditional broker or an online platform.
1 Yes
2 No
3 I don't know
2 No
3 I don't know
pl001d (cryptocurrencies or other digital assets)
Cryptocurrencies or other digital assets, such as Bitcoin or Ether
1 Yes
2 No
3 I don't know
2 No
3 I don't know
End of subgroup of questions
End of group of questions
if pl001c = 1 then
pl004 (when first opened non-retirement investment account)
Thinking about only your non-retirement investment accounts that you opened through an online or traditional broker - when did you first open an account like this?
1 Within the past 12 months
2 Between 1 and 3 years ago
3 Between 4 and 10 years ago
4 Longer than 10 years ago
5 I don't know
2 Between 1 and 3 years ago
3 Between 4 and 10 years ago
4 Longer than 10 years ago
5 I don't know
pl005 (use financial professional to help make decisions about investments)
Do you use a financial professional, like a financial advisor, planner, or wealth manager, to help make decisions about your investments?
1 Yes
2 No
3 I don't know
2 No
3 I don't know
if pl005 = 1 then
pl006 (fee structure financial professional)
What kind of fee structure does your financial professional use? If you have more than one, please think about the financial professional you work with most often.
1 A commission-based structure, where fees are based on transactions
2 A fee based on how much I have invested (a percentage of assets under management)
3 A flat-rate fee, based on the services I use
4 An hourly rate
5 I don't know
2 A fee based on how much I have invested (a percentage of assets under management)
3 A flat-rate fee, based on the services I use
4 An hourly rate
5 I don't know
End of if
End of if
ins_intro
The next few questions ask about the different types of insurance that you and your household might have.
ins001 (how many personal vehicles household own or lease)
How many personal vehicles does your household own or lease? This includes cars, any kind of trucks, vans, or sport utility vehicles (SUV).
0 0
1 1
2 2
3 3
4 4
5 5
6 6
7 7
8 8
9 9
10 10
1 1
2 2
3 3
4 4
5 5
6 6
7 7
8 8
9 9
10 10
if ins001 > 0 then
ins002a (have auto insurance for all personal vehicles owned or leased by household)
Do you have auto insurance for all of the personal vehicles owned or leased by your household?
1 Yes
2 No
3 I don't know
2 No
3 I don't know
End of if
ins005 (household currently own or rent primary residence)
Does your household own or rent your primary residence?
1 Own
2 Rent
3 Other
2 Rent
3 Other
if ins005 = 1 then
ins006 (household currently have homeowners insurance)
Does your household currently have homeowners insurance for the properties you own?
1 (YES) Yes
2 (NO) No
2 (NO) No
elseif ins005 = 2 then
ins010 (household currently have renters insurance)
Does your household currently have renters insurance for the residence you rent?
1 (YES) Yes
2 (NO) No
2 (NO) No
End of if
ins013c (currently have life insurance)
Do you or anyone else in your household currently have life insurance?
1 Yes
2 No
3 I don't know
2 No
3 I don't know
if ins013c = 1 then
Group of questions presented on the same screen
ins014 (how obtain life insurance policy)
How did you or someone else in your household obtain your life insurance policy? Please select all that apply.
1 Through an insurer or insurance broker
2 Through my employer
3 Through an organization to which I belong
4 Other, please specify:
2 Through my employer
3 Through an organization to which I belong
4 Other, please specify:
ins014_other (other how obtain life insurance policy)
STRINGEnd of group of questions
ins017 ( type of life insurance policy)
What type of life insurance policy do you or someone else in your household have? Please select all that apply.
1 Whole life insurance
2 Term life insurance
3 Universal life insurance
4 Some other life insurance
5 I don't know
2 Term life insurance
3 Universal life insurance
4 Some other life insurance
5 I don't know
End of if
ins016c (currently have disability insurance)
Do you or anyone else in your household currently have disability insurance (short-term and/or long-term coverage)?
1 Yes
2 No
3 I don't know
2 No
3 I don't know
fin_intro
The remaining questions ask you about your household's financial situation.
fin001 (total spending compared to income)
Which of the following statements best describes how your household’s total spending compared to total income, over the last 12 months?
1 Spending was much less than income
2 Spending was a little less than income
3 Spending was about equal to income
4 Spending was a little more than income
5 Spending was much more than income
2 Spending was a little less than income
3 Spending was about equal to income
4 Spending was a little more than income
5 Spending was much more than income
fin002 (how paid bills)
Which of the following statements best describes how your household has paid its bills over the last 12 months?
1 Pay all of our bills on time
2 Pay nearly all of our bills on time
3 Pay most of our bills on time
4 Pay some of our bills on time
5 Pay very few of our bills on time
2 Pay nearly all of our bills on time
3 Pay most of our bills on time
4 Pay some of our bills on time
5 Pay very few of our bills on time
fin003 (how long can cover expenses)
At your current level of spending, how long could you and your household afford to cover expenses, if you had to live only off the money you have readily available, without withdrawing money from retirement accounts or borrowing?
1 6 months or more
2 3 - 5 months
3 1 - 2 months
4 1 - 3 weeks
5 Less than 1 week
2 3 - 5 months
3 1 - 2 months
4 1 - 3 weeks
5 Less than 1 week
fin004 (how confident can meet longer term goals)
Thinking about your household’s longer term financial goals such as saving for a vacation, starting a business, buying or paying off a home, saving up for education, putting away for retirement or making retirement funds last...
How confident are you that your household is currently doing what is needed to meet your longer-term goals?
How confident are you that your household is currently doing what is needed to meet your longer-term goals?
1 Very confident
2 Moderately confident
3 Somewhat confident
4 Slightly confident
5 Not at all confident
2 Moderately confident
3 Somewhat confident
4 Slightly confident
5 Not at all confident
fin005 (how manageable household debt)
Now thinking about all of your household’s current debts, including mortgages, bank loans, student loans, money owed to people, medical debt, past-due bills and credit card balances that are carried over from prior months...
As of today, which of the following statements describes how manageable your household debt is?
As of today, which of the following statements describes how manageable your household debt is?
1 Have a manageable amount of debt
2 Have a bit more debt than is manageable
3 Have far more debt than is manageable
4 Do not have any debt
2 Have a bit more debt than is manageable
3 Have far more debt than is manageable
4 Do not have any debt
fin006a (rate credit score)
How would you rate your credit score? Your credit score is a number that tells lenders how risky or safe you are as a borrower.
1 Excellent
2 Very good
3 Good
4 Fair
5 Poor
6 I don't know
2 Very good
3 Good
4 Fair
5 Poor
6 I don't know
if fin006a = 6 then
fin009 (have credit score)
Do you have a credit score?
1 Yes
2 No
3 I don't know
2 No
3 I don't know
if fin009 = 1 then
Group of questions presented on the same screen
fin010 (why not sure how to rate credit score)
You indicated you weren't sure how you would rate your own credit score. Which of the following best describes your situation?
1 I don't know my credit score because I haven't checked recently
2 I do know my credit score, but I don't know if it’s good or bad
3 Some other reason, please specify:
2 I do know my credit score, but I don't know if it’s good or bad
3 Some other reason, please specify:
fin010_other (other why not sure how to rate credit score)
STRINGEnd of group of questions
End of if
End of if
fin007a (how confident insurance policies provide enough support)
Thinking about all of the types of personal and household insurance you and others in your household have, how confident are you that those insurance policies will provide enough support in case of an emergency?
1 Very confident
2 Moderately confident
3 Somewhat confident
4 Slightly confident
5 Not at all confident
6 No one in my household has any insurance
2 Moderately confident
3 Somewhat confident
4 Slightly confident
5 Not at all confident
6 No one in my household has any insurance
fin008 (household plans ahead financially)
To what extent do you agree or disagree with the following statement:
"My household plans ahead financially"
"My household plans ahead financially"
1 Agree strongly
2 Agree somewhat
3 Neither agree nor disagree
4 Disagree somewhat
5 Disagree strongly
2 Agree somewhat
3 Neither agree nor disagree
4 Disagree somewhat
5 Disagree strongly
Fill code of question 'FLSpouse' executed
wh001 (money left over if all into cash)
Suppose you (and/or your spouse/partner) were to sell all of your household possessions (your car, your home, etc.), turn all of your investments and other assets into cash (including any financial assets such as stocks/bonds/mutual funds/401(k) plans, savings and checking accounts, etc.), and pay all of your debts (including your mortgage, any other loans, and credit cards). Would you have money left over, break even, or be in debt?
1 Have money left over
2 Break even
3 Be in debt
4 I don't know
2 Break even
3 Be in debt
4 I don't know
if wh001 = 1 then
wh002 (how much money left over if all into cash)
You mentioned that you would have money left over - how much would you have?
1 $1 to $5,000
2 $5,001 to $10,000
3 $10,001 to $25,000
4 $25,001 to $50,000
5 $50,001 to $75,000
6 $75,001 to $100,000
7 $100,001 to $150,000
8 $150,001 to $250,000
9 $250,001 to $500,000
10 More than $500,000
2 $5,001 to $10,000
3 $10,001 to $25,000
4 $25,001 to $50,000
5 $50,001 to $75,000
6 $75,001 to $100,000
7 $100,001 to $150,000
8 $150,001 to $250,000
9 $250,001 to $500,000
10 More than $500,000
elseif wh001 = 3 then
wh003 (how much money in debt if all into cash)
You mentioned that you would be in debt - how much debt would you have?
1 $1 to $2,500
2 $2,501 to $5,000
3 $5,001 to $10,000
4 $10,001 to $25,000
5 $25,001 to $50,000
6 More than $50,000
2 $2,501 to $5,000
3 $5,001 to $10,000
4 $10,001 to $25,000
5 $25,001 to $50,000
6 More than $50,000
End of if
CS_001 (HOW PLEASANT INTERVIEW)
Could you tell us how interesting or uninteresting you found the questions in this survey?
1 Very interesting
2 Interesting
3 Neither interesting nor uninteresting
4 Uninteresting
5 Very uninteresting
2 Interesting
3 Neither interesting nor uninteresting
4 Uninteresting
5 Very uninteresting
CS_003 (comments)
Do you have any other comments on the survey? Please type these in the box below. (If you have no comments, please click next to complete this survey.)
STRINGdummy := doPayout(586, 7)