The unique inflationary pressures on household finances have not abated, especially for Americans with credit scores below 700. These consumers are less likely to have access to short-term lending options to help them weather temporary financial storms.
Data from the Center for the New Middle Class finds that
student debt has a lasting impact on financial stability.
For many Americans, the pandemic followed by inflation have been a one-two punch. Just as the country re-opened and it looked as though people could
Consumer financial health is still recovering from the pandemic, but inflation is now adding renewed strain for non-prime Americans. Summary This report examines the general
It is unclear how much more the new middle class can be squeezed without a significant impact across the economy.
This study, co-authored by Elevate and SpringFour, found that the pandemic’s impact on American households was uneven, and that those who struggled require support beyond what traditional financial institutions provide.
America has come a long way since the start of the COVID-19 pandemic began in March of 2020. As America builds back from the crisis,
The past 16 months have been tumultuous for many Americans due, of course, to the COVID-19 pandemic. Everything seemed uncertain, especially when it came to
Each month the Non-Prime Tracker provides fascinating insights into how Americans, prime and non-prime alike, have fared throughout the pandemic. Every month gives a new
