Tag: credit card
![Couple at a car dealership](https://crr.bc.edu/wp-content/uploads/2024/04/care-dealership-photo.png.webp)
The recession that economists predicted has never materialized. Unemployment has been under 4 percent for more than two years, a low more characteristic of the go-go 1960s than modern times. But although consumer sentiment, as measured by the University of Michigan’s monthly survey, is improving, it is still mired in the same territory that it…
![Roses on a gravestone](https://crr.bc.edu/wp-content/uploads/2024/03/shutterstock_1615218823.png.webp)
The negative financial consequences for individuals over age 50 who lose a partner are dramatic. A new study by Ohio State researchers found that the surviving partners see their credit scores drop by 10 points – a decline that persists for up to two years following the partner’s death. Further confirmation of the financial fallout…