I am an Honours student studying accountancy. As part of my coursework I am required to do a research dissertation. This questionnaire is to get an idea of peoples view on debt. Any help will be greatly appreciated. Thank you.
1. Are You?(Male/Female)
2..What is your age?
(a)18-24
(b)25-30
(c)30+
3. Are you married?(Y/N)
4. Do you have any children?(Y/N)
5. What does your debt consist of?
(a)Mortgage
(b)Overdraft
(c)Loans/Car loans/Hire purchase
(d)Credit/store card debt
(e)Student debt
(f)Borrowings from family/friends
(g)None
6. What is your credit rating?
(a)Excellent
(b)Fair
(c)Poor
(d)Don’t know
7. How many credit cards do you own?
(a)none
(b)1
(c)2
(d)3
(e)4 or more
8. Which statement best describes on how often you use your credit card(s) in a week? (leave blank if you don’t own a credit card)
(a) only use it when I have no cash
(a)three times a week, sometimes more
(b)whenever I want to buy something
9. Which statement best describes your financial situation during your last 18 months? (Please pick one)
(a)Managing fairly well
(b)Finding it a struggle to keep up with payments from time-to-time
(c)Having serious financial problems keeping up with payments
10. How much of the outstanding balance on the credit card do you pay each month? (Leave blank if you do not use credit cards)
(a)The minimum payment
(b)Pay what I can afford to
(c)Pay the full outstanding balance
11. Do you prioritise your payments by paying off those balances with the highest interest rates?(Y/N)
12. Which statement best describes your borrowing behaviour during your last 18 months? (Please pick one)
(a)Borrowed more than what I could afford
(b)Can afford to borrow more if I wanted to
(c)Consider your borrowings to be just about right
13. Which statement best describes your spending behaviour during your last 18 months? (Please pick one)
(a)I would rather save than spend
(b)I prefer to buy things on credit
(c)I would buy even if could not really afford them
(d)I would save up in order to buy
14. Do you save a proportion of your income?(Y/N)
15. Have you considered debt consolidation?(Y/N)
If NO, why not?
(a)Time consuming
(b)Don’t know where to start
(c)Too much hassle
(d)Other, please state …………………………………………………………………………
16. Have you considered cutting back on spending to reduce debt?(Y/N)
17. Do you expect any improvement in your financial position this time next year? (Y/N)
1. I’m male
2. I’m 30+
3. I’m single, and I live alone.
4. I have no children
5. I have no debt. I live in an old house, I have an old car, I live simply, and I have no debt. If I can’t buy something with cash, I don’t buy it.
6. Since I don’t borrow money, I have no idea what my credit rating is. My credit report just show my name, address, and social security number.
7. I have one credit card. I only use it to buy things such as Norton anti virus programs which is only available on line.
8. A is closer, buy I only use my credit card once or twice a year. I don’t believe in credit cards, and I don’t believe in debt. If I can’t pay for something in cash, I don’t get it.
9. I’m managing fairly well. I have no debt. However, I have no luxuries.
10. When I use my credit card once or twice a year, I pay the bill within 48 hours of receiving it.
11. No, I only have one credit card. I only have item one item once or twice a year. Therefore there is nothing to prioritize.
12. I don’t borrow at all. If I don’t have the cash on hand to buy something, I do without.
13. D. I would save up in order to buy.
14. Yes.
15. No, because I have no debt. My house is paid off, my car is paid off, and I have cheap vacations.
16. No, because I have no debt.
17. No, my income comes from my invests in stocks and bonds. Unless dividends increase and interest on bonds increase, financial status will remain the same.
Left by Sean Roberts on January 19th, 2010