
Why the Fed Underestimates the Pressures of the Paycheck-to-Paycheck Economy
Amber Carroll, senior vice president of membership and lifecycle strategy at LendingClub, told PYMNTS that the Federal Reserve’s long-quoted stat on financial well-being could use a freshening up. As has been widely reported through the years, the Fed has said that a significant percentage of U.S. consumers could not and cannot afford to handle a […]
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