
Americans Can Pay their Debts, But for How Long?
The coronavirus pandemic hasn’t stopped Americans from keeping up with their credit card payments, thanks in large part to government relief programs passed by Congress earlier this year.
The coronavirus pandemic hasn’t stopped Americans from keeping up with their credit card payments, thanks in large part to government relief programs passed by Congress earlier this year.
Total household debt hit new highs in the second quarter of the year and has now increased for 16 consecutive quarters.