Contact Us

Still Feeling The Recession’s Aftermath?

Still Feeling The Recession?
Peter Macdiarmid, Getty Images

Although the recession, sometimes dubbed the “great recession,” has been over for awhile now, people are still feeling financial strain from it. Whether it’s late payments or maxed-out credit cards, the recession’s aftermath is still prevalent in day-to-day life.

According to a Bills.com survey, people are “still feeling lingering effects of [the] recession.” The survey found that when it came to bills, 25 percent of people have had at least one late payment of monthly bills in the last year. What’s more, is that of the people who fell behind on payments, “28 percent are concerned they will never catch up.”

How ’bout those credit cards, huh? Those little pieces of plastic can really put you in debt. And, the Bills.com survey found that 18 percent of those polled have “maxed-out at least one of their credit cards” this year. But there is a little light at the end of that tunnel, as those who maxed-out credit cards has dropped to 18 percent from 2010′s figure of 22 percent.

Also, 31 percent of people pay-off their credit card balances monthly, in full. But, this number has fallen. Last year, according to the survey, 36 percent of people were able to pay-off their monthly balances in full.

To read the whole survey from Bills.com, click here to check out the website’s press release.

Are you still feeling the affects from the recession?

 

 

Best of Big Frog 104

Recommended For You

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to http://bigfrog104.com using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for Big Frog Rewards Club quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive Big Frog Rewards Club contests, events, coupons, presales, and much more delivered to you for FREE.