SEATTLE—While overall consumer credit scores actually remain on the rise, during the seven months of the COVID-19 pandemic many Americans continue to struggle with making ends meet.
According to a new report from doxo, 42% of consumers have missed at least one bill payment during the coronavirus outbreak.
Just 10% have missed a health insurance payment, and only 14%-15% have missed a car or dental insurance payment.
“By comparison, 27% of respondents said they’ve missed an auto loan payment and 26% have skipped a utility payment. Rent and mortgage payments fell in the middle of the rankings, but that still shows that roughly one-in-five Americans haven’t been able to pay for housing at some point,” said LowCards.com in its analysis.