One in five Americans may be penniless before election day, according to the survey From Credit Karma

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The following is the One in five Americans may be penniless before election day, according to the survey From Credit Karma recommended by recordtrend.com. And this article belongs to the classification: Life data.

More than 20 percent of Americans will have zero account balances in less than three weeks, according to a new report by credit karma, a financial firm. According to the timetable and data collected by personal finance companies, about one in five people may be penniless by election day.

Since the outbreak, credit karma has been conducting weekly surveys to better understand the financial situation of Americans. Against the backdrop of record unemployment in the United States, the survey found that people either save money or continue to make more informed financial decisions, such as paying down debts, especially for people with low credit scores.

Since July, credit karma members with a credit score below 600 have made fewer payments and reduced credit card debt, according to the data. More and more people are paying on time and their debt has been reduced due to “various remedies,” the company said.

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