Americans Facing A Drought of Rainy Day Funds: Almost One Quarter of Americans Have Less Than $100 In Savings to Cover An Emergency
CashNetUSA.com Survey Finds Most Could Not Turn to Family Members for LoansCHICAGO (September 25, 2012) – Americans are facing a drought of rainy day funds to handle unexpected emergencies. Twenty-three percent of Americans have less than $100 in savings to cover an emergency expense if it happened today while forty-six percent report having less than $800, according to a new national survey conducted by online lender CashNetUSA.com. The findings reflect the growing percentage of individuals with varying socio-