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Americans turn to credit cards to cover basic expenses as cost of living rises in these 15 states - Vimarsana News

Americans turn to credit cards to cover basic expenses as cost of living rises in these 15 states

In the spring of 2022—following the large decreases in consumer spending, stimulus checks, and other financial relief due to the COVID-19 pandemic—total revolving credit card debt reached its lowest level

States Where People Are Using Credit Cards to Cover Basic Living Expenses - Vimarsana News

States Where People Are Using Credit Cards to Cover Basic Living Expenses

Photo Credit: Stokkete / Shutterstock The COVID-19 pandemic altered American spending patterns dramatically. In the early days of the pandemic, social distancing and stay-at-home orders resulted in a shift away from transportation, res...

Source: ksjbam.com
Minimum Wage is Not Enough - Vimarsana News

Minimum Wage is Not Enough

The federal minimum wage has remained at $7.25 per hour for more than 12 years. While the U.S. minimum wage was never truly a living wage, over time it has done less to reflect the true value of workers and no longer supports families in a way that promotes health and keeps them out of poverty. Many arguments have been made against raising the federal minimum wage. This brief lays out the clear benefits to individual workers, businesses, and the community that outweigh the potential challenges that will arise from providing a living wage to all workers.

Source: drexel.edu
Advance America: How an Unsecured Loan Can Get You Back on Your Feet After COVID-19 - Vimarsana News

Advance America: How an Unsecured Loan Can Get You Back on Your Feet After COVID-19

Share this article Share this article LOS ANGELES, April 16, 2021 /PRNewswire/ -- For many people, getting through 2020 involved picking up some debt. Even with COVID-19 numbers finally on the decline, it may not be easy to fix the challenges of the past year. Many people need financial assistance right now, and using unsecured loans the right way can help you financially recover. Unsecured Loans for Debt Consolidation One of the most common reasons to apply for an unsecured loan is to consolidate existing debt and lump it all into a single monthly payment. It's also a good way to eliminate...