A ‘Tale of Two Halves’ as Paycheck-to-Paycheck Consumers Feel Added Financial Strain

LendingClub Financial Health Officer Anuj Nayar tells PYMNTS that with 13% of Americans spending more than they earned in the first half of the year, and economists unsure whether it’s better to fight inflation or avoid recession, households continue to be hard-pressed in the middle and are looking for options to make ends meet.