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That and I believe I read that most people used the stimulus to paid down/off debt [1][2]. I would suspect at least a portion of those used that opportunity to
by croutonwagon 5y ago
That and I believe I read that most people used the stimulus to paid down/off debt [1][2]. I would suspect at least a portion of those used that opportunity to also take on more debt down the line as jobs came back
[1] https://www.census.gov/library/stories/2021/03/many-american-households-use-stimulus-payments-to-pay-down-debt.html https://www.census.gov/library/stories/2021/03/many-american...
[2] https://www.businessinsider.com/half-of-americans-used-1400-stimulus-checks-pay-debt-2021-7?op=1 https://www.businessinsider.com/half-of-americans-used-1400-...