Credit Cards

Consumer borrowing can be a powerful sign of economic confidence, an indication that households are feeling flush and assured of their future ability to pay back debt without undue difficulty. So when the Federal Reserve reported late last week that Americans borrowed more this June than they had...
08/08/2011
Blog
For many years, health care costs have been steadily rising. As employers have moved into insurance coverage options with greater out-of-pocket expenses or have stopped providing health care coverage altogether, American families have struggled with the burden of health care costs.  To gain a...
08/08/2011
Publication
Economic insecurity has become the “new normal” in America. Ten million Americans are out of work, and the vast majority of Americans have seen their incomes stagnate or decline over the past decade. Demos’ extensive research on credit card debt among middle- and low-income households has found...
08/08/2011
Publication
Americans use credit cards millions of times every day. The convenience and utility of revolving credit has become a way of life for most families. However for some, it has also become a lifeline. This report, based on Demos’ 2008 national household survey of low- and middle-income households,...
08/08/2011
Publication
Young adults in North Carolina and across the country are confronting an economic reality vastly different from that of their parent’s generation. Over the past three decades, economic opportunity and security for all but the most affluent and most highly educated has declined. Today, North...
08/08/2011
Publication
New York, NY – Today, as Congressional battles threaten the future of the Consumer Financial Protection Bureau, the national policy center Demos published a new report that shows how failures of the credit reporting system — and the increasing use of the system's credit reports and scores...
06/21/2011
Press Release
New York – Today, Demos, a national public policy research and advocacy center that supports fair employment practices, congratulates the Connecticut General Assembly for passing legislation that prohibits employers from using credit reports in employment decisions except in certain...
06/10/2011
Press Release
New York – This week, the growing practice of employers screening the credit scores of job applicants was dealt a legal blow after the Court of Common Council of Hartford, Connecticut, passed an ordinance prohibiting the practice as part of the city's employment application and promotion process....
05/12/2011
Press Release
"My peers all had a lot of credit-card debt, and we never seemed to worry about money," she said. "It was a way to maintain the lifestyle I was used to." Roughly half of households headed by someone under 35 have credit-card debt, according to a recent report by Demos, citing Federal Reserve...
04/26/2011
News/Resource
A study released by Demos, a research and advocacy organization, may shed light on why some working families have credit card debt and others don't. The study, "Understanding the Debt Difference," is based on survey research of 2,248 low- and middle-income adults between April 2008 and August...
04/19/2011
News/Resource
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