Study shows 64% of consumers live paycheck to paycheck
This chart shows consumers who live paycheck to paycheck, by annual income and compared over time. Chart courtesy of LendingClub.
Thursday, Mar. 3, 2022, 03:53 PM
SubPrime Auto Finance News Staff
With inflation weighing on their minds, too, more evidence arrived on Thursday that shows that individuals who might need subprime auto financing aren’t necessarily on the lowest end of the income spectrum. The number of consumers living paycheck to paycheck has increased steadily since April and stood at 64% in January — 12 percentage points […]