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Poll results

Central Massachusetts banks, along with many nationwide, have begun setting aside funds to cover losses, as they project more borrowers will default on their loans or delay their loan payments. The move by the banks anticipates the economy is going to get worse.

Are you financially preparing for a worsened economic downturn?
Yes (70%, 113 VOTES)
No (30%, 49 VOTES)
Poll Description

Central Massachusetts banks, along with many nationwide, have begun setting aside funds to cover losses, as they project more borrowers will default on their loans or delay their loan payments. The move by the banks anticipates the economy is going to get worse.

  • 162 Votes
  • 1 Comments
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1 Comments

  • September 15, 2020
    Actually sort of ready. Depends upon how much worse.