cover of episode Credit card debt data reveals “two different Americas”

Credit card debt data reveals “two different Americas”

2024/6/19
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Marketplace

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The podcast discusses the significant disparity in home ownership rates between Black and white households, highlighting the higher denial rates for Black borrowers and the historical and ongoing effects of discrimination in the housing market.

Shownotes Transcript

Credit card delinquencies are up overall in the past year — but that’s not the whole debt picture. Wealthier consumers can pay off their debt right now, driving up the nation’s average credit score. It’s a tale of two Americas. Also in this episode: Federal data reveals that nearly 1 in 4 Black prospective homeowners are denied a mortgage, and we catch up with a couple whose gift-giving journey was featured on “This Is Uncomfortable.”