Home / Credit in the News - Up to date News Flashes

Latest News Story

Sep 19, 2014
In the first time since 2006, the U.S. poverty rate has dropped. The U.S. Census Bureau reported Tuesday that the nation’s poverty rate fell to 14.5% in 2013, down from 15% a year earlier. This is the first drop in poverty since 2006, when it was 12.3% Although this may seem like a minor change, this is the first statistically significant decline since the recession, proving that Americans are slowly rebounding.
 
According to the results, a lot of the decrease comes from people finding full-time work. They now have jobs and are earning more money. Two groups...