A key wedge driving the gap between Boston’s affluent and low- and middle-income residents is credit. While good credit opens the door to low-cost loans, poor or no credit can make innumerable life transactions more expensive, from car loans to
Collaborating on Financial Resilience in Boston
In Boston today, 17% of households live in poverty but far more (46%) are financially vulnerable. These liquid asset poor households do not have enough savings to live even at the poverty level for three months if they were to have