In 2020, as Americans faced unprecedented unemployment, lockdowns, and health and financial uncertainty, many families restricted their spending. Click on the image to read the full report Despite belt tightening on discretionary spending, households in the US continued to depend on the financial services they need to power their everyday lives. According to the newly released 2021 FinHealth Spend Report – developed in partnership by Financial Health Network with Prudential Financial – in 2020 Americans spent more than $300 billion in interest and fees across dozens of common financial services, including car loans, credit card balances, and account maintenance fees.…
FinHealth Spend Report uncovers market opportunities and need for innovation
FinHealth Spend Report uncovers market opportunities and need for innovation
