CRRC Podcast | Episode 7 – Are Loans a Gamble? Predicting Money Borrowing Behaviors in Georgia

New Episode of the CRRC Georgia’s Podcast is live! – Are Loans a Gamble? Predicting Money Borrowing Behaviors in Georgia

Nearly half of Georgians hold loan debt, with one in five struggling to make payments. Are loans simply another form of gambling?

In this episode, we explore research from CRRC-Georgia examining the connections between borrowing and gambling behaviors. Based on a comprehensive 2024 survey of 1,234 Georgians, we uncover surprising parallels between these financial risk-taking activities, revealing how demographics, financial planning skills, and psychological factors influence both lending and gambling decisions.

Discover what drives Georgian borrowing patterns and whether your gambling habits might predict your likelihood of taking out a loan.

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