Journal Article

Restoring Good Credit: A First Step to Personal Economic Recovery

Abstract: In the wake of the Great Recession, more Americans are turning their focus to personal financial recovery. Whether they are recovering from a setback such as unemployment or reduced income, increasing their rainy-day funds, shoring up retirement savings, reducing high-cost debt balances, or all of the above, consumers know that good credit is key to financial stability and success.

Keywords: Consumer credit; Financial literacy; Credit counseling;

Bibliographic Information

Provider: Federal Reserve Bank of Dallas

Part of Series: e-Perspectives

Publication Date: 2011

Volume: 11

Issue: 1

Order Number: 1