Out-of-control inflation is now forcing a significant proportion of Americans to skip their utility payments, according to Bank of America (BoA). “Around 17 percent of households had either missed or made a late payment. For households with income below $50K, the proportion rises to 25 percent,” BoA said in a Sept. 23 report detailing the…
Inflation Drives More Americans to Skip Bill Payments: Bank of America
September 28, 2022
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