Sixty percent of Americans are living paycheck to paycheck, according to Debt.com. In addition, LegalShield's Consumer Stress Index, which tracks consumers...
Sixty percent of Americans are living paycheck to paycheck, according to Debt.com. In addition, LegalShield's Consumer Stress Index, which tracks consumers looking for advice on foreclosures and more, rose nearly 6 points in July, the highest jump since November 2020.
"They call because they've got a problem and they're looking to improve their situation. And that's exactly what we're seeing. Over 150,000 times a month, consumers are calling our provider lawyers for help for legal issues. And specifically, in July, we saw a large increase..." says Layton, listing off consumer finance topics like rent and mortgage payments and auto loans that clients are seeking relief from.
Do you think there's a massive shift in the mindset of how consumers coming out of the pandemic and coming out of revenge travel and now getting into a little bit more of ok, we need to budget, we need to plan out our financial future that there's a shift in that mindset to correctly set themselves up for being able to navigate some of the issues that they're foreseeing.They call because they've got a problem and they're looking to improve their situation.
August 20 is an important day in American history.On Aug. 20, 1619, it marked the painful beginning of slavery for Black people in America.405 years later, on Aug. 20, 2024, Vice President Kamala Harris would officially become the first Black woman in American history to be nominated as a presidential candidate of a major political party.Read more at The Daily Beast.Get the Daily Beast's biggest scoops and scandals delivered right to your inbox. Sign up now.
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