SNAP Limbo Adds to Challenges for Some ABS Loans
(Excerpt) Teon Hayes, a senior policy analyst at the Center for Law and Social Policy, noted that even before the reductions, SNAP payments weren’t substantial — full benefits are $6 per person per day. “Every late payment, every overdraft fee, every high-interest-rate loan, that is just pushing someone deeper into a financial hole,” Hayes said.
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Source URL: https://www.insidemortgagefinance.com/articles/235834-snap-limbo-stacks-with-other-challenges-for-recipients?v=preview