Individuals of color are disproportionately prone to report credit that is poor.

Individuals of color are disproportionately prone to report credit that is poor.

Our study unearthed that households of color are in a disadvantage that is serious it comes down to credit rating. The opposite is true for African Americans while the majority of low- and middle-income white households with credit card debt report good or excellent credit. Sixty-five % of white households inside our test explain their credit ratings nearly as good or exemplary, a lot higher as compared to 44 % of African US households who identify when you look at the good or exemplary groups. Read more