FYI LOANS RECREATION CONSUMERS SEEK OUT LOAN ACCOMMODATIONS A recent TransUnion study noted that while " the CARES Act mandated that forbearance programs be offered for a wide swath of mortgages and federal student loans, many lenders and billers proactively offered their own accommodations to consumers in need. A significant share of consumers report having a loan or other financial obligation in some sort of accommodation. " Loans/bills enrolled in financial accommodation (among those with financial product) 33% 19% 16% 11% 10% Medical bills Mortgage Credit card Auto loan Personal loan The amount of money people spent on golf equipment in July 2020-an all-time high. Private student loan Source: Golf Datatech HR SHARE OF COLLECTION FIRMS THAT ENGAGE WITH DEBT SETTLEMENT COMPANIES Did your company work accounts in the last 12 months that were enrolled in a debt settlement program? 55% Yes Source: TransUnion 10 MILLION 9% Source: TransUnion Financial Hardship Study, Sept. 30, 2020 DEBT $ 388.6 45% No EMPLOYERS' ACTIONS SINCE THE START OF THE PANDEMIC The Employee Benefit Research Institute's 2020 Workplace Wellness Survey asked 1,028 American workers ages 21-64 how the COVID-19 pandemic changed their workplace benefits or employment status. The survey found that since the start of the COVID-19 pandemic, employers have most frequently furloughed or laid-off workers, promoted telemedicine benefits and increased leave availability. 26% Furloughed or laid-off workers. 18% Added or promoted telemedicine benefits. 17% Increased PTO, vacation or sick leave availability. 15% Added or promoted mental health benefits. 14% Reduced pay for all or some workers, excluding executives. 14% Reduced contributions to or stopped making contributions to retirement plans. Source: Employee Benefit Research Institute ACAINTERNATIONAL.ORGhttp://www.ACAINTERNATIONAL.ORG