An increasing number of Americans were forced to live paycheck-to-paycheck during 2021, according to new research published by LendingClub Corporation (NYSE:LC).
What Happened: In the latest edition of LendingClub’s Reality Check: Paycheck-To-Paycheck research series, conducted in partnership with PYMNTS.com, it was determined that 61% of the U.S. population had a paycheck-to-paycheck existence last year, up seven percentage points since the first report in June 2021. The highest percentage recorded in the Reality Check’s research was 65% in December 2020.
