Will Parker

speaker

780 appearances 18 recordings 1 series first heard May 2019 last heard Nov 2024

Will Parker’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

No recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.

Appearances

newest first · ▶ plays the moment

WSJ Your Money Briefing · During the Pandemic, More Renters Pay With Credit Cards · 16 Apr 2020 podcast

And to be, you know, adding debt on what is for most people their largest expense along with that, you know, that could cause real problems. voice-verified

Right. voice-verified

I mean, there's a lot of talk about how low interest rates are in general right now. voice-verified

But, you know, with credit cards, you're still looking on average, you know, well over 10 percent. voice-verified

And if one sort of looks to their credit card as a way to get a cash advance to make, you know, a more traditional rent payment, that's going to be over 20 percent interest rate in some cases. voice-verified

So that carries a lot of risk. voice-verified

Different cities and different states have different rules. voice-verified

There hasn't been a consistent, agreed-upon way to deal with the number of people who are unable to pay rent right now and protecting them from eviction. voice-verified

But you're seeing protections against eviction due to unpaid rent for varying periods of time in places all over the country. voice-verified

But a lot of concern remains about how that will work on a case-by-case basis, which landlords work within the rules, voice-verified

which demand to see hard proof that a tenant is dealing with financial hardship and deserves some sort of leniency. voice-verified

There are cities like Los Angeles and San Francisco that have explicitly called what they're doing a rent deferral and have laid out guidelines for how much time renters have to pay back their rent. voice-verified

But many other states and cities kind of have a de facto rent deferral in that they're saying you can't evict tenants because they didn't pay their rent for X amount of days or weeks. voice-verified

Which ultimately means that they have the ability to pay that back within that time frame without being kicked out of their own home. voice-verified

So unemployment benefits are increasing from the stimulus and being distributed. voice-verified

You know, one tenant I talked to for this story on credit cards, she made the choice to pay with a card until those benefits cleared, which they now have. voice-verified

For those that are qualifying for those benefits and in the states that are dispersing them the quickest, there is relief. voice-verified

But, you know, that's still coming. voice-verified

There had been some draft legislation around the time that the first couple of coronavirus response packages were put together that would have put kind of a moratorium of four months on negative information being added to people's credit reports during coronavirus. voice-verified

But that ultimately did not make it into what was passed. voice-verified

Showing 661–680 of 780 · page 34 of 39