Urban Institute Survey: Over 1 in 4 Adults Rely on Credit Cards for Groceries and Struggle to Repay
Knowledge Snapshot: Credit Cards for Groceries Core Subject: Urban Institute Well-Being and Basic Needs Survey findings on food affordability and household debt. Key Statistics: Over 28 percent of working age adults charged groceries to credit cards and encountered repayment challenges; 8.7 percent missed minimum payments entirely. Alternative Financing: Nearly 10 percent used Buy Now, Pay […]