Keep in mind that the survey was done by a company whose business model is short term loans. The last time one of these Lending Club surveys was posted here I d

Keep in mind that the survey was done by a company whose business model is short term loans. The last time one of these Lending Club surveys was posted here I dug into their methodology and some parts of it seemed designed to produce a certain result. For example the "living paycheck to paycheck" bucket is self-reported. Like 95% of the people in that group also said said that they aren't struggling to pay their bills and/or that they'd be able to handle an emergency expense without taking on any debt (like by putting it on a credit card and paying it off on time)