Tips for handling debt while unemployed

Good Morning CT at Nine

(WTNH)– The spread of the coronavirus caused a spike in the Connecticut unemployment rate with nearly 30,000 claims filed as of mid-March.

And for those without emergency savings, they could be forced to use consumer debt like credit cards and personal loans to make ends meet.

Financial Consultant John Caserta explains what first steps you should take to handle your debt while unemployed in the video above.

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