The number of Americans reporting financial hardships from the pandemic has increased in the last month, with lower-income households experiencing more setbacks, according to a TransUnion report released Wednesday.
In its latest Financial Hardship Study, based on an online survey of 3,100 adults conducted Nov. 30, the Chicago credit reporting agency found 57% of respondents said they were financially impacted by COVID-19, the second month in a row that number has increased.
The hardship gap across income groups is at its greatest level since March.
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