This post first appeared on RightAboutMoney.com
Are the Great Recession’s wounds really healed?
You might think so; given recent jobs data and indications that the Fed is about to boost interest rates again. Another encouraging sign is rising credit scores in the U.S.
Yet these signals stir as many questions as they do answers, especially as they relate to credit. U.S. consumer credit scores hit an average of 700 this spring, highest in a dozen years. Good news, right? Or is it fake news?