{"id":111154,"date":"2021-04-07T17:30:00","date_gmt":"2021-04-07T17:30:00","guid":{"rendered":"https:\/\/basicincometoday.com\/?p=10295"},"modified":"2021-04-07T17:30:00","modified_gmt":"2021-04-07T17:30:00","slug":"consumers-are-using-their-1400-stimulus-checks-to-pay-down-debt-and-household-bills","status":"publish","type":"post","link":"https:\/\/radiofree.asia\/2021\/04\/07\/consumers-are-using-their-1400-stimulus-checks-to-pay-down-debt-and-household-bills\/","title":{"rendered":"Consumers are Using Their $1400 Stimulus Checks to Pay Down Debt and Household Bills"},"content":{"rendered":"\n
What doxo’s data tells us about how consumers are spending their third $1400 stimulus check.<\/em><\/p>\n\n\n\n doxo\u2019s data shows that once stimulus checks started to appear in people\u2019s accounts, they almost immediately began to use the money to pay household bills. From March 17th to March 21st, we saw a 30% increase in the number of payments as compared to the same period last month. During that time frame, the total amount of payments made were 37% higher as compared to the same period last month.<\/p>\n\n\n\n Increase in payments when comparing data from 3\/17 to 3\/21 to the same time period in February 2021:<\/strong><\/p>\n\n\n\n