A new report from the Federal Reserve Bank of New York sheds light on the financial struggles faced by low-income borrowers amidst the post-pandemic era. The report, which is the third in a series highlighting the financial dynamics of low-income households, draws upon anonymized credit report data from Equifax and income data from the 2016 Census Bureau American Community … [Read more...] about Rise in Delinquencies for Low-Income Borrowers
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