PYMNTSEconomy

61.1% of Paycheck-to-Paycheck Bill Payers Remain Confident About Debt

By PYMNTS

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AI summary of the source article

Consumers who comfortably pay their bills are losing confidence in managing debt, while 61.1% of paycheck-to-paycheck bill payers remain confident.

Why it matters

giving banks an opportunity to recognize financial pressure before customers fall behind.

Key facts

  • 61.1% of paycheck-to-paycheck bill payers remain confident about debt.
  • Consumers who pay their bills comfortably are losing confidence in managing debt.

Source excerpt · PYMNTS

Consumers who still pay their bills comfortably are losing confidence in managing debt, giving banks an opportunity to recognize financial pressure before customers fall behind. The PYMNTS Intelligence report “Keeping Up Gets Harder: Debt Confidence Falls Among Bill Payers,” based on responses from 2,087 consumers in the United States, found in October that overall sentiment […] The post 61.1% of…