What exactly are jobless people doing while unemployment claims get sorted out? Running up credit card debt? Relying on family/food banks? @athomasq do you know?
Iirc the median American has less than a few hundred in emergency funds
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that is just taking money from banks. where do they get the money? who pays when they default?
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I think the best they’re offering common folk is no minimum payment & no late fees until the crisis is over, whenever that’s determined.... Interest will continue to be charged on balances, of course.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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