Financial Health Dashboard
Through this dashboard we’ll periodically release resources that help paint a picture of our members’ financial health, the challenges they face, and recommendations to improve their financial health outcomes.
SaverLife Members Are Paying Off Credit Card Debt in 2021
Credit card payments are way up in 2021. Media payments per month in 2021 are 34% higher on average than they were in 2020.
Credit Card Balances Are Starting to Come Down
SaverLife member credit card balances came down after a few consecutive months of larger than normal payments.
The Credit Crisis Continues
Credit card balances remain elevated from where they were in 2019—balances are 51% higher in October 2020 than they were in 2019.