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Millions miss credit card, car loan payments amid coronavirus crisis

Millions miss credit card, car loan payments amid coronavirus crisis

Nearly 15 million credit cards, or about 3.2% of the US’ accounts, were either frozen, in forbearance or had a deferred payment in April, according to credit-reporting company TransUnion. The same was true for almost 3 million, or 3.5%, of the nation’s auto loans. Last year in April, only 0.03 percent of credit cards and 0.5 percent of auto loans were in similar situation, the company said.

Tom A
Tom A
IvoryDove
IvoryDove 4 months

Cancel rent... OK.. Cancel the landlord's mortgage... OK.. Cancel the cost of food.. OK.. Cancel insurance premiums.. OK.. Cancel everything.

David Webb
David Webb 4 months

Every job is essential if it pays for a roof over someones head, no matter what some commie government tells you otherwise.

Jack
Jack 4 months

But what about the skilled labor of landlords?!

E
E 4 months

Hello collapse of America.

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