Tag Archives: Pandemic

Americans Significantly Reduce Their Credit Card Debt Amid Pandemic

Credit Card Debt

How Americans are Safeguarding Their Finances During an Economic Downturn In the middle of a year characterized by uncertainty, Americans are finding stability through reducing their credit card debt. Economists expected the rising unemployment rates and recession to be met with increased debt. However, reduced spending and government supplementation flipped the expected outcome. The Numbers […]

Social Security Claims during the COVID-19 Pandemic

Social Security Administration

What to expect with Social Security Claims and the COVID-19 Pandemic Economic Impact Payments Extended to SSI Recipients On March 30, 2020, Social Security Commissioner Andrew Saul issued a press release announcing that those receiving Supplemental Security Income (SSI) will receive $1,200 Economic Impact Payments for themselves and $500 for each child under 17. Those […]