Local economists concerned pandemic could put families in cycle of debt, slowing economic recovery

Video Credit: WEWS NewsChannel5
Published on May 26, 2020 - Duration: 02:31s

Local economists concerned pandemic could put families in cycle of debt, slowing economic recovery

According to a new survey compiled by LendingTree, 56% of U.S. parents with children under the age 18 are saddled with coronavirus related debt, with 40% taking on a significant amount of new credit debt, due to COVID-19 economic impact.


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