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Did Consumers Really Learn Anything from the Great Recession?

June 21, 2017by Susan BeachamNo Comments

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?

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A sought-after speaker for financial institutions, state regulatory agencies, trade associations, leadership conferences and schools, she is the creator of the Money Savvy Pig piggy bank-- the centerpiece of the Money Savvy Kids Basic Personal Finance Curriculum.

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