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Deferral plans for selected payments due to COVID-19 in the U.S. 2020

Published by
Raynor de Best,
Feb 2, 2022
In 2020, eight percent of Americans used a deferral on payment for their mortgage, rent and credit card bills due to the COVID-19 pandemic. Only five percent of Americans asked for the payment extension on their auto loans.

Share of Americans who took advantage of deferral plans for selected payments due to COVID-19 pandemic in 2020

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Source

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Release date

August 2020

Region

United States

Survey time period

June 26, 2020 to July 10, 2020

Number of respondents

2,702 respondents

Age group

18 years and older

Method of interview

Online survey

Supplementary notes

This question was phrased by the source as follows: "Have you taken advantage of any payment deferral plans due to the COVID-19 pandemic for recurring payments on things like mortgages, rent, utilities, student loans, auto loans, etc. Please select all that apply?"

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