Survey: Nearly Half of U.S. Lives Paycheck to Paycheck
December 14, 2012
Lenders and servicers may be interested in the results of a new NetCredit.com study, which show that 48 percent of Americans are living paycheck to paycheck.
Some 44 percent of poll respondents say they are simply trying to keep up with monthly mortgage payments or bills and avoid excessive debt or bankruptcy.
"Living paycheck to paycheck puts many Americans dangerously close to their own personal fiscal cliff should they be hit with an emergency expense," according to NetCredit's Stephanie Klein.
Source: “Survey: Nearly Half of U.S. Lives Paycheck to Paycheck,” MortgageOrb.com (12/14/12)
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Updated: June 18, 2018