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: Americans took on significantly less debt during the COVID-19 pandemic — except in one major way
Many Americans have focused on spending less and paying off debt throughout the COVID crisis, rather than taking out new loans......»»
50% of Americans are using the the 3rd stimulus check to pay off debt, report finds
LendingTree found that of the Americans using stimulus checks to pay off debt, 56% are putting them toward student loans and credit cards. .....»»
: 2 million Americans have been repaying their federal student-loans for 20 years
Meanwhile, just 32 borrowers have been able to access student-debt cancellation through a government repayment plan......»»
A quarter of Americans support forgiving all federal student-loan debt
President Joe Biden has thrown his support behind $10,000 in student loan forgiveness. But a quarter of Americans want it all forgiven. Student-loan debt reached a national high of $1.5 trillion in 2019. Boston Globe/Getty Images Demo.....»»
Next Avenue: How real Americans are living the ‘Nomadland’ life
Many older Americans, faced with debt and high housing prices, are living in RVs and working odd jobs on the road, as portrayed in the film starring Frances McDormand......»»
Personal Finance Daily: Millions of Americans who were unemployed last year face another shock: a 2020 tax bill they can’t afford, and Schumer says White House is ‘extremely open’ to student-loan debt cancellation
Thursday’s top personal finance stories.....»»
Debt collectors should be forced to stop hounding Americans during the pandemic
Countless times a day, these debt collectors will reach someone .....»»
35% of Americans say they’re making impulse buys to cope with coronavirus stress — ‘It is part of self-care in a weird way’
‘When this pandemic ends and you’re $10,000 in debt, it’s going to be a real wake up call.’.....»»
Donors in Ireland give millions to American Indians hardest hit by coronavirus
The Irish are repaying a 19th century debt of gratitude to Native Americans during the coronavirus pandemic......»»
US Consumer Credit Unexpectedly Crashes As Americans Repay A Record Amount Of Credit Card Debt
US Consumer Credit Unexpectedly Crashes As Americans Repay A Record Amount Of Credit Card Debt Heading into today's consumer credit print we already learned last week that in.....»»
Outside the Box: Stimulus checks need to arrive faster so Americans can get all the coronavirus money Washington has promised
Protect relief checks from debt collectors and allow for immediate deposit, writes Miami Mayor Francis X. Suarez......»»
Will your aid payment get seized? Where you live matters
The CARES Act passed by Congress is putting one-time payments into the hands of millions of Americans. But if you have outstanding private debt, that money could be taken from you. Some states have laws to prevent that......»»
Americans were already $14 trillion in debt before the COVID-19 outbreak
Since it first appeared in November 2019, the novel coronavirus has ravaged the world — infecting nearly two million people and killing well over 100,000... The post Americans were already $14 trillion i.....»»
Debt collectors can garnish coronavirus stimulus checks: How to stop them?
Millions of Americans have received the stimulus checks from the federal government this week under the Coronavirus Aid, Relief and Economic Security (CARES) Act. However,... The post Debt collectors.....»»
Debt collectors target stimulus checks – 5 ways to stop them
‘Millions of Americans have court judgments against them,’ says Lauren Saunders, an associate director at the National Consumer Law Center......»»
Debt collectors target millions of stimulus checks – 5 ways to stop them
‘Millions of Americans have court judgments against them,’ says Lauren Saunders, an associate director at the National Consumer Law Center......»»
Debt collectors are going after millions of stimulus checks — 5 ways to stop them
‘Millions of Americans have court judgments against them,’ says Lauren Saunders, an associate director at the National Consumer Law Center......»»
What the $2 trillion coronavirus bailout is really going to cost
Americans will pay the price of the economic rescue package: Not in higher taxes to service the debt, or in a reduced standard of living due to inflation, but in a slide towards a boom-and-bust economy......»»
What the $2 trillion coronavirus bailout is really going to cost
Americans will pay the price of the economic rescue package: Not in higher taxes to service the debt, or in a reduced standard of living due to inflation, but in a slide towards a boom-and-bust economy......»»
What the $2 trillion coronavirus bailout is really going to cost
Americans will pay the price of the economic rescue package: Not in higher taxes to service the debt, or in a reduced standard of living due to inflation, but in a slide towards a boom-and-bust economy......»»