Minority Report

Demos concludes that any meaningful attempt to explain the widening debt gap between Latino and African-American families and their white counterparts must take into account the larger social, cultural and economic forces driving credit card debt.
 
According to New York-based Demos, between 1998 and 2001, Latino households saw a 19% growth in credit card balances, African Americans stood at 10% and white households saw an 11% decrease.