African Americans Report Lower Credit Ratings

African Americans Report Lower Credit Ratings

In the wake of the worst effects of the Great Recession, African Americans, like Americans as a whole, are getting their balance sheets in order and paying down credit card debt. But new research from Demos’ National Survey on Credit Card Debt of Low-and Middle-Income Households finds that African Americans face challenges to their financial security that are unlike those of white households.

Read the full report: The Challenge of Credit Card Debt for the African American Middle Class