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consumer finance

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20% of Americans Behind on Loans, Fed Data Shows

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New Federal Reserve data shows wealth gains cooling among American families amid a spike in loan delinquencies. Released Friday (Oct, 9) the Fed’s latest Survey of Consumer Finances (SCF) covers…

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Overdrafts Expose a Divide in Credit Access

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Running short of money before the next paycheck can force a consumer into making choices: let the checking account go negative, delay a bill, carry a card balance or seek…