Nationwide

Many Latino, Black And Native American Households Struggle To Pay For Essentials During Pandemic

Issue
Latino
Black
Native American
Asian
White
Serious financial problems 72% 60% 55% 37% 36%
— Used up all/most of savings* 46% 41% 41% 23% 25%
— Serious problems paying credit cards/loans/debt 34% 31% 23% 8% 16%
— Serious problems paying mortgage/rent 32% 28% 25% 13% 15%
— Serious problems paying utilities 33% 29% 24% 8% 13%
— Serious problems affording food 26% 22% 26% 6% 12%
— Serious problems affording medical care 25% 18% 12% 10% 12%
— Serious problems making car payments 27% 21% 17% 8% 10%
— Other serious financial problems 17% 17% 22% 12% 12%

Note: *An additional 15% of Latino households, 10% of Black households, 9% of Native American households, 7% of Asian households and 9% of white households volunteered they didn’t have any household savings before the coronavirus outbreak.