If Lenders Can’t Collect on Debts, There Will Be Little Debt

This article was originally published on August 30, 2018, in Real Clear Markets.

With GDP on the rise and unemployment down, the narrative of strong economic performance on average often overshadows the story of the underperforming segments of the American economy, such as the 47 percent of would-be low-income borrowers financially constrained by insufficient access to credit. Fortunately, a recent report by the U.S. Department of the Treasury offers proposals to help these Americans, laying out a series of recommendations to improve growth and financial inclusion through credit access.

Continue reading…

Website | + posts

Kyle Burgess is the co-founder of two social enterprises and has worked in strategy, communications, and program management for a decade. Kyle received her Master’s degree in International Relations & Economics from the Johns Hopkins School of Advanced International Studies (SAIS) and her Bachelor's degree in Political Science from American University.

Share

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on email
Email

Subscribe to get the latest consumer news

More consumer News