We follow a representative panel of US borrowers to study the suspension of household debt payments (debt forbearance) during the COVID-19 pandemic. Between Mardoi:10.2139/ssrn.3770124Cherry, SusanJiang, Erica XueweiMatvos, GregorPiskorski, Tomasz...
out in global governance and international development cooperation. Due to the COVID-19 pandemic, Ukraine crisis and interest rate hikes in developed economies, among other factors, the most broad-based increase in debt experienced by developing countries since 2008, is turning into the fourth round...
Democrats have touted the $1.9-trillion COVID-19 relief bill that U.S. President Joe Biden just signed into law as one of the most popular bills in decades, calling it a bold measure for people across the country that would significantly cut poverty and boost recove...
Georgia Secured Debt Relief Lawyers Helping Clients Use Bankruptcy to Deal With Secured Loans A secured debt is a debt where you have pledged your property as collateral for a loan and agreed that the lender can take that property if you do not repay the loan. Chapter 7 and Chapter 13 ...
COVID-19 and the CARES Act: racial disadvantage, mortgage relief, and foreclosure in Tuscaloosa county, Alabama The 2020 CARES Act provided mortgage relief to financially distressed borrowers whose loans were insured by the U.S. government. We used cumulative disadva... B Lichtenstein,J Weber -...
An increasing number of municipal, county and state governments are using federal pandemic relief funds to pay residents’ burdensome medical debt.
Quantitatively, the fraction of past-due borrowers increased twice as much at high forbearance-servicers shortly after the passage of the CARES Act, with the difference in the past-due rate peaking at 5 percentage points. (There was no difference prior to COVID-19.) This finding, that ...
The previous expansion of EdTech as a substitute for traditional learning around the world, the recent full-scale substitution due to COVID-19, and potenti... E Bettinger,R Fairlie,A Kapuza,... 被引量: 0发表: 2022年 How Does Debt Relief Impact Consumption?: Evidence from a Policy Exper...
When you’re having trouble paying a credit card bill due to circumstances beyond your control, some credit card issuers may be willing to work with you through ahardship plan. Once a well-kept secret, these programs became more prominently advertised during the COVID-19 pandemic, but they ...
How the borrowed money is used may matter more than the absolute level of debt or its proportion to a country's GDP. Americans backed the pandemic relief spending during the COVID-19 crisis while opposing spending cuts for the costliest government programs. ...