"Latino consumers need stronger protections to navigate the credit card market"
The Times-Record News
February 16, 2007
By Times-Record Staff

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A recent Demos study on household debt showed that while 7.3% of all respondents were "maxed out and cant use [their cards]" and 12.7% characterized their debt situation as "burdensome and not enough money to pay down [the balance]," 11.4% of Hispanics reported they were "maxed out and cant use [their cards]," and 19.3% of Hispanics described their situation as "burdensome and not enough money to pay down [the balance]."