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More than half of Russians have outstanding loans, survey shows

The highest percentage of people with outstanding loans is in the age group between 25 and 34 years

© Anton Novoderezhkin/TASS

MOSCOW, August 7. / TASS /. More than half of Russians (51%) have outstanding loans, according to a survey by the All-Russian Public Opinion Research Center. The results of the survey were published on the center’s website.

At the same time, the majority of respondents (84%) do not plan to take a loan or make a purchase on credit in the next six months.

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According to the survey, in the age group between 25 and 34 years the percentage of people with outstanding loans is the highest (72%). The percentage of such people at the age group between 35 and 44 is 63% and among residents of rural areas 56% people have unredeemed loans.

The percentage of people with outstanding loans in the age group between 18 and 24 and those who are older than 60 are 37% and 31% respectively.

The majority of Russians surveyed (74%), mainly people over the age of 60 (86%), as well as residents of two capitals (79%) and cities with a population of 500,000 to 950,000 people (79%) noted that they were not going to take a loan or make a purchase on credit in the next two to three years.

However, 10% of respondents, most often those in the age group from 25 to 34 (18%) and from between 35 and 44 (14%), plan to take a loan to buy real estate. Another 6% of Russians surveyed, mainly young people aged 18 to 24 (11%), are going to take a loan to buy a car. The survey was conducted in the form of a phone interview on July 25 among 1,600 Russians aged 18 and older. For this sampling, the maximum error size with a probability of 95% does not exceed 2.5%.

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