{"id":521089,"date":"2021-08-02T07:08:14","date_gmt":"2021-08-02T11:08:14","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/lendingclub-and-pymnts-second-report-finds-americans-living-in-the-south-central-region-are-most-likely-to-live-paycheck-to-paycheck\/"},"modified":"2021-08-02T07:08:14","modified_gmt":"2021-08-02T11:08:14","slug":"lendingclub-and-pymnts-second-report-finds-americans-living-in-the-south-central-region-are-most-likely-to-live-paycheck-to-paycheck","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lendingclub-and-pymnts-second-report-finds-americans-living-in-the-south-central-region-are-most-likely-to-live-paycheck-to-paycheck\/","title":{"rendered":"LendingClub and PYMNTS Second Report Finds Americans Living in the South Central Region are Most Likely to Live Paycheck to Paycheck"},"content":{"rendered":"
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PR Newswire<\/p>\n<\/p><\/div>\n

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\n SAN FRANCISCO<\/span>, Aug. 2, 2021<\/span> \/PRNewswire\/ — LendingClub Corporation<\/a> (NYSE: LC), the parent company of LendingClub Bank, America’s leading digital marketplace bank, today released findings from its second \u00a0Reality Check: Paycheck-To-Paycheck research series<\/a>, conducted in partnership with PYMNTS. <\/p>\n

The first report found that the majority of Americans (54 percent) living paycheck-to-paycheck<\/a>; this second August edition examines regional differences. <\/p>\n

\n The key takeaway: <\/b>In every region within the United States<\/span>, Americans are living paycheck to paycheck, with certain regions faring better than others.<\/p>\n

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\n Americans Living in the South Central Region are Most Likely to Live Paycheck to Paycheck<\/b>\n <\/p>\n

According to the research, nearly 59 percent of all consumers in the South Central region (Texas<\/span>, Oklahoma<\/span>, Arkansas<\/span>, Louisiana<\/span>, Mississippi<\/span>, Alabama<\/span>, Tennessee<\/span>, and Kentucky<\/span>) of America live paycheck to paycheck (compared to 54 percent nationally), with 25 percent of respondents living there struggling to pay their monthly bills. South Central residents are also 20 percent more likely to live paycheck to paycheck and 22 percent more likely to have trouble paying their monthly expenses than Mountain residents. Americans living in the Northeast states (Pennsylvania<\/span>, New Jersey<\/span>, New York<\/span>, Connecticut<\/span>, Rhode Island<\/span>, Vermont<\/span>, New Hampshire<\/span>, Massachusetts<\/span>, Maine<\/span>) are also living paycheck to paycheck at a higher-than-average rate (nearly 56 percent), with 23 percent of respondents living there struggling to pay their monthly bills. <\/p>\n

Those living in the Northeast and South Central are more cash strapped than most:<\/p>\n