A recent study conducted by Lending Club claims that 60% of Americans have revolving credit card debt and two-thirds of Americans have no consistent savings plan or have abandoned savings altogether. Add to this that a recent CFSI study found 72% of Americans are considered financially unhealthy. It’s no wonder Lending Club VP, Head of Communications & Financial Health Office Anuj Nayar is making 2019 about more than just lending and borrowing for the company. Source.
