Debt and Bills

0. Sample Disclaimer

• This set of analyses is based on responses collected from 961 caregivers between the dates of April 14th 2021 and April 16th 2021 These caregivers represent a range of voices: 9.58% are non-Latinx Black/African American, 14.79% are Latinx, and 22.08% live at or below 1.5 times the federal poverty line. Proportions/percentages are calculated based on the item-level response rates, not out of the total sample size. The data for these analyses are not weighted.
  

1. Have debt and source of debt

• Survey question: Do you currently have overdue bills and/or debt? By this we mean rent, mortgage, utility, medical, student loan, credit card, or other bills that are past due. Please also consider money you have borrowed from family or friends that you need to repay.
  
  • Yes
    
  • No
    
• How much do you owe for each of the following that is past due or unpaid? If you do not know the exact amount, please do your best to estimate to the nearest $1,000. If you do not have any debt in the category, please enter a 0.
  
  • Rent (past due)
    
  • Mortgage payments (past due)
    
  • Medical bills (past due)
    
  • Utility bills (past due)
    
  • Credit card balances
    
  • Student loan balances
    
  • Loan from families or friends
    
  • Other unpaid bills
    

1.1 Overall

1.2 Race/ethnicity

1.3 Poverty level (200% and 400%FPL)

2. Amount of Debt Families Currently Have

• Note: analyses done in the subset of 303 caregivers who reported currently having debt. Statistics were based on non-zero amount of debt reported by caregivers
  
• Note: Outliers are not presented for the clarify of the figures
  

2.1 Debt/Income Ratio

• Presented as the ratio of current debt/monthly income (= 2020 yearly income / 12)
  

2.1.1 Overall

2.1.2 By race/ethnicity

2.1.3 By poverty level (200% and 400% FPL)

2.2 $ Amount of debt in total and by categories

2.2.1 Overall

2.2.2 By race/ethnicity

2.2.3 By poverty level (200% & 400% FPL)

3. Debt compared to pre-COVID

• Survey question: How does the amount of debt you have now compare to the amount of debt you had in February 2020 (before the pandemic)?
  
  • Much lower
    
  • Slightly lower
    
  • About the same
    
  • Slightly higher
    
  • Much higher
    
• Note: analyses only done among 303 families who reported having debt
  

3.1 Overall

3.2 By race/ethnicity

3.3 By poverty level (200% & 400% FPL)

4. How families reduce debt

• Survey question: Have you used any of the following to reduce your debt in the last month? (select all that apply)
  
  • Tax refund
    
  • Stimulus payment
    
  • Housing assistance
    
  • Utility assistance
    
  • Employment income
    
  • Loans from family or friends
    
  • Other
    
  • NA
    
• Note: analyses only done among 303 families who reported having debt
  

4.1 Overall

4.2 By race/ethnicity

4.3 By poverty level (200% & 400%FPL)