With Inflation On The Rise, Paycheck-To-Paycheck Consumers See Loans As Financial Lifeline
Eighty-two percent of U.S. consumers are worried about rising costs, and this fear is especially palpable for the millions of American households that are living paycheck to paycheck. PYMNTS’ Reality Check: The Paycheck-To-Paycheck Report, a LendingClub collaboration, examines how rising inflation could threaten the nation’s economic recovery unless consumers have ready access to short-term loans and other financial tools to give them a hand.
