What people borrow for
42%
42% borrowed for everyday expenses or small purchases at least monthly in the past year — the most common answer.
n = 3,062 Americans who borrow for everyday expenses · Fielded September 2026 · Cherry Data Signals
Breakdown
at least monthly in the past year42%
less than monthly21%
a few times monthly17%
about monthly15%
at least weekly10%
0%50%100%
Figures are rounded and may not total exactly 100%.
Methodology
- Sample
- 3,062
- Population
- Americans who borrow for everyday expenses
- Country
- United States
- Fielded
- September 2026
- Research by
- Cherry Data Signals
- Study
- What Americans Borrow Money For
Cite this statistic
Cherry Data Signals (September 2026). "What people borrow for" Survey of 3,062 Americans who borrow for everyday expenses, United States. https://cherrysignals.com/statistics/what-people-borrow-for
Free to reproduce with attribution to Cherry Data Signals and a link to this page.
Related statistics
- Borrowed for groceries while still repaying an earlier grocery loan42%
- Necessities respondents borrowed for#1
- What parents cut back on while borrowing for their children19%
- How long people take to repay a borrowed restaurant meal20%
- Not borrowed for restaurant meals, takeout or delivery42%
- The states where groceries top borrowing43 states
- The states where fast food tops small-item borrowing18 states
- The states where toilet paper tops small-item borrowing18 states
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