Bill payment behavior of Americans during COVID-19 pandemic in 2020, by race

Published by Statista Research Department, Jun 13, 2023
In 2020, just over half of Black Americans skipped at least one payment in the past month due to increased financial vulnerability as a result of COVID-19. On the contrary, only 16 percent of White Americans said that they had to skip at least one payment. More than 60 percent of White Americans reported that they were able to pay all their bills over the past month.

Bill payment behavior of consumers over the past month during COVID-19 pandemic in the United States in 2020, by race

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

In cooperation with
Release date

July 2020

Region

United States

Survey time period

March to June 2020

Supplementary notes

The respondents were sampled and weighted to match the general population of the U.S. by the source.

This includes being unable to pay for basic services such as: utilities, insurance, telephone and Internet, mortgage payments.

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interest

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Savings during COVID-19 in selected advanced economies worldwide "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Savings during COVID-19 in selected advanced economies worldwide

Worldwide

5

United States

6

Canada

5

European Union

6

United Kingdom

6

Further related statistics

10

Further Content: You might find this interesting as well

Statistics

Topics

Savings during coronavirus (COVID-19) outbreakCoronavirus impact on global media consumptionCoronavirus: impact on the aviation industry worldwideCoronavirus: impact on the transportation and logistics industry worldwideCoronavirus disease (COVID-19) pandemic
All features, all contents, at all times: Learn more about our professional solutions.

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interest

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.
Menu