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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