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
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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Northwestern Mutual. (August 1, 2020). Share of Americans who took advantage of deferral plans for selected payments due to COVID-19 pandemic in 2020 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1173710/payment-deferral-plans-covid19-advantage-usa/
Northwestern Mutual. "Share of Americans who took advantage of deferral plans for selected payments due to COVID-19 pandemic in 2020." Chart. August 1, 2020. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1173710/payment-deferral-plans-covid19-advantage-usa/
Northwestern Mutual. (2020). Share of Americans who took advantage of deferral plans for selected payments due to COVID-19 pandemic in 2020. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1173710/payment-deferral-plans-covid19-advantage-usa/
Northwestern Mutual. "Share of Americans Who Took Advantage of Deferral Plans for Selected Payments Due to Covid-19 Pandemic in 2020." Statista, Statista Inc., 1 Aug 2020, https://www.statista.com/statistics/1173710/payment-deferral-plans-covid19-advantage-usa/
Northwestern Mutual, Share of Americans who took advantage of deferral plans for selected payments due to COVID-19 pandemic in 2020 Statista, https://www.statista.com/statistics/1173710/payment-deferral-plans-covid19-advantage-usa/ (last visited December 21, 2024)
Share of Americans who took advantage of deferral plans for selected payments due to COVID-19 pandemic in 2020 [Graph], Northwestern Mutual, August 1, 2020. [Online]. Available: https://www.statista.com/statistics/1173710/payment-deferral-plans-covid19-advantage-usa/