Three Groups of Borrowers: Clean Exit, Slow Drift, Deep Cycle
Borrowers split into three clear groups, and the fee gap between the first and the last is brutal.
- 50.6 — share who repaid on the first due date, %
- 49 — their median fees, $
- 16.2 — share with 4+ rollovers, %
- 238 — their median fees, $
- 4.9 — fee gap between the two groups, x
The numbers
Borrowers grouped by how many times they rolled the loan over.
| Group | Share of borrowers, % | Respondents | Median fees paid, $ | Would NOT do it again, % | Had used a cheaper option before, % |
|---|---|---|---|---|---|
| Repaid on the first due date | 50.6 | 6095 | 49 | 32.2 | 28.0 |
| 1 to 3 rollovers | 33.2 | 3996 | 94 | 43.3 | 18.6 |
| 4 or more rollovers | 16.2 | 1956 | 238 | 55.0 | 15.2 |
How we counted
- Groups are set by how many times the borrower rolled the loan over.
- Fees are what the borrower actually paid, not the advertised price.
Data updated 2026-07-31. Full dataset: data.csv.
Use this research
Free to cite, quote and chart — with attribution. Journalists and researchers are welcome to reuse the table and the dataset.
Citation: Nimbusloans, “Three Groups of Borrowers: Clean Exit, Slow Drift, Deep Cycle”, 2026. Available at https://nimbusloans.com/research/three-groups-of-borrowers/