74 WEEKS Unemployment Benefits $400 Unemployment Extension SSDI SSI Stimulus Update PUA FPUC

Here’s your unemployment update for Saturday, February 20th, 2021

The country’s collective credit card debt fell by the largest amount in more than two decades last year- thanks largely to the government’s fiscal stimulus aid.

Matt Schulz, LendingTree’s chief analyst, told Yahoo Money, “It’s definitely not a normal thing for unemployed folks in economic crisis to be able to pay down their credit card bill.”

According to a new report from the Federal Reserve Bank of New York, credit card balances ended 2020 $108 billion lower versus 2019.

The decline comes after the government last year sent 160 million Americans stimulus checks worth up to $1,200 per individual and $500 for child dependents.

The extra boost from the government plus hardship programs helped prevent Americans from defaulting on their credit card obligations.

Up next, Sacramento, California has approved $31.7 million in both state and federal funding in rental assistance for low-income residents.

According to city officials, $15.2 million comes from the federal stimulus package…