Essay

Older Americans Faced Early Pandemic Credit Constraints


Abstract: Older Americans saw debt fall early in the pandemic, but also their existing credit curtailed and new credit denied at greater rates than younger consumers.

Keywords: older people; credit constraints; COVID-19;

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File(s): File format is application/pdf https://cfsrdrc.wisc.edu/files/working-papers/WI20-Q2_Collins-Moulton-Brown_Final-Paper_9.29.21-(1).pdf
Description: Associated paper

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Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Part of Series: Economic Equity Insights

Publication Date: 2022-07-14