Low-income households erode savings during coronavirus pandemic

Low-income households erode savings during coronavirus pandemic

Low-income households erode savings during coronavirus pandemic

Lower income households are twice as likely to have increased their debts during the pandemic

Stephen Little
Tue, 06/23/2020 – 12:22

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Lower-income households are twice as likely to have borrowed or dipped into their savings than higher-income ones during the coronavirus pandemic, a new study shows.

The report…

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