CNBC Make It logo

CNBC Covers doxoINSIGHTS Report on Stimulus Bill’s Effect on Bill Pay

CNBC Make It covers doxoINSIGHTS data on the stimulus bill’s effect on bill-pay behavior. In the article, CNBC journalist Megan Leonhardt shows that once stimulus payments hit bank accounts in March, many Americans spent that on bills. She writes:

There was a 30% month-over-month increase in the number of payments made to pay household bills from March 17 to March 21, according to the latest research from bill pay service doxo. During that same weeklong time frame, the total amount paid was 37% higher when compared to the same period in February.”