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Using money from a bank loan or line of credit - Suppose that you have an emergency expense that costs $500. Based on your current financial situation, how would you pay for this expense?
Pay $500 emergency with bank loan or line of credit · Asked in 1 wave, 2022 · 2,374 responses · weighted estimates computed from individual responses
Split-ballot version: respondents randomly shown a $500 rather than $400 emergency expense.
| Group | No | Using money from a bank loan or line of credit | n | MoE | |
|---|---|---|---|---|---|
| All respondents | 97% | 3% | 2374 | ±2 | |
| Northeast | 97% | 3% | 458 | ±5 | |
| Midwest | 97% | 3% | 537 | ±5 | |
| South | 96% | 4% | 831 | ±4 | |
| West |
SHED 2022 · US adults 18+. Shares of people who gave an answer. n is unweighted; ± is the 95% margin of error at 50% from the weighted effective sample. Groups with an effective sample under 50 are grayed; under 20, hidden.
| Poll | Field dates | Mode | Respondents | Responses |
|---|---|---|---|---|
| SHED 2022 15 imputed values recoded to -1. | 2022-10-21 to 2022-11-01 | web | 11,667 | 2,374 |
| 98% |
| 2% |
| 548 |
| ±5 |