Re: Consumers' Personal Debt Ceilings on the Rise
Eri, I did look at their source. I linked to it. It wasn't there. I ran global text searches on the entire FICO site for words like "wealthy." An all-points Google search on the phrasing turns up only the NPR article, and quotes from it. What would a "fair" try have been?
There is one sentence in the press releasethat addresses the increase in credit usage:
"The balance increases are likely to be driven by higher spending among some consumers and smaller monthly payments from others."
That's it. The whole thing. Everything else you read in that article seems to be the NPR reporter shoehorning her own class warfare meme into it.