Although household indebtedness has declined from its peak in 2008, many households still find themselves relying on debt (including credit cards, payday loans, and other forms of short-term borrowing) to meet everyday expenses. Unfair lending, abusive debt collection, and employment screening that links credit history to job prospects suppress the standard of living for already low-income households and can keep people trapped in low-wage work. If you like to discuss vicious cycles over lunch, this is the affinity table for you.
Amy Traub is Senior Policy Analyst at Demos. She has a broad research and advocacy focus on consumer debt, job quality, and policies to build the American middle class. Amy’s work on job quality and employment issues includes research on how federal contracting promotes low wages... Read More →
