According to a survey on personal finance conducted during the fourth quarter of 2022 in the Philippines, 63 percent of Millennials respondents reported that they intended to either apply for new credit or refinance existing credit within the next year. On the other hand, 33 percent of Baby Boomer respondents stated that they had such plans.
Intention to apply for new credit or refinance existing credit within the year in the Philippines as of 4th quarter 2022, by generation
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Statistics
TransUnion. (December 7, 2022). Intention to apply for new credit or refinance existing credit within the year in the Philippines as of 4th quarter 2022, by generation [Graph]. In Statista. Retrieved June 09, 2024, from https://www.statista.com/statistics/1271548/philippines-plan-to-apply-for-new-credit-or-refinance-old-credit-by-generation/
TransUnion. "Intention to apply for new credit or refinance existing credit within the year in the Philippines as of 4th quarter 2022, by generation." Chart. December 7, 2022. Statista. Accessed June 09, 2024. https://www.statista.com/statistics/1271548/philippines-plan-to-apply-for-new-credit-or-refinance-old-credit-by-generation/
TransUnion. (2022). Intention to apply for new credit or refinance existing credit within the year in the Philippines as of 4th quarter 2022, by generation. Statista. Statista Inc.. Accessed: June 09, 2024. https://www.statista.com/statistics/1271548/philippines-plan-to-apply-for-new-credit-or-refinance-old-credit-by-generation/
TransUnion. "Intention to Apply for New Credit or Refinance Existing Credit within The Year in The Philippines as of 4th Quarter 2022, by Generation." Statista, Statista Inc., 7 Dec 2022, https://www.statista.com/statistics/1271548/philippines-plan-to-apply-for-new-credit-or-refinance-old-credit-by-generation/
TransUnion, Intention to apply for new credit or refinance existing credit within the year in the Philippines as of 4th quarter 2022, by generation Statista, https://www.statista.com/statistics/1271548/philippines-plan-to-apply-for-new-credit-or-refinance-old-credit-by-generation/ (last visited June 09, 2024)
Intention to apply for new credit or refinance existing credit within the year in the Philippines as of 4th quarter 2022, by generation [Graph], TransUnion, December 7, 2022. [Online]. Available: https://www.statista.com/statistics/1271548/philippines-plan-to-apply-for-new-credit-or-refinance-old-credit-by-generation/