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Americans fell behind on nearly 18 million credit-card and auto-loan payments last month

The proportion of credit-card accounts entering “financial hardship” programs surged in April by 3.2%, to 14.7 million, credit-reporting agency TransUnion said Wednesday. Auto loans notched a similar uptick, with 3.5%, or nearly three million accounts, falling into hardship status. The government’s $US2 trillion stimulus bill created some options for debt-addled […]
Americans fell behind on nearly 18 million credit-card and auto-loan payments last month