Pandemic Relief Possess Helped Low-Income People: Evidence from Solution Economic Services

Although low-income folks are very likely to have lost their unique jobs because of the COVID-19 pandemic, pandemic comfort efforts possess helped avoid them from having increasing economic distress. Consumer interest in payday loans, title loans, and pawn loans have all declined since the onset of the pandemic, suggesting low-income individuals have been able to access credit and meet basic financial needs without the use of these alternative financial services. Continue reading