Tag Archives: paying off debts

Coronavirus: ‘Lockdown was madness but saved us financially’ | BBC News

The coronavirus pandemic has hit the global economy hard, but some people’s personal finances have never looked better.

Since the US shut down en masse in March, mum-of-three Paula, who lives in New Hampshire, has paid off some $20,000 (£15,270) in credit card debt the family had racked up in the aftermath of an unexpectedly expensive work relocation.

The 35-year-old’s job as an analyst ended in June, but her husband is still working and she benefited from a temporary $600 boost to weekly unemployment payments Congress approved in response to the crisis.

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