The $1,000 Problem: Why Americans Lack Financial Cushion and How Fintech Companies Like SoLo Funds Are Stepping In
Let’s begin with a stark figure: a January 2024 survey by Bankrate found that 57% of U.S. adults would be unable to pay a $1,000 emergency expense from savings. That means a car breaking down, a medical bill, or a home repair has the potential to destabilize the lives of millions. It’s a reality that […]