This study uses a combination of six Survey of Consumer Finances data sets to examine whether factors affecting credit delinquency differ by the racial/ethnic identity of households. Hispanic households are less likely than white households, and white households were less likely than African...

This article focuses on the effect of race and ethnicity on financial risk tolerance. Blacks and Hispanics are less likely to be willing to take some financial risk but more likely to be willing to take substantial financial risk than Whites, after controlling for the effects of other variables....

While all segments of society have been impacted by the economic downturn of the past decade, some groups have suffered more than others. This research finds that Hispanic households were about twice as likely in 2010 to be seriously delinquent on debt payments as in 2004. During the same time...

During a period of increasing prosperity, the U.S. debt delinquency rate decreased between 2016 and 2019, with a relatively large decrease for Asians households and somewhat smaller decrease for Blacks and Whites, while the rate for Hispanics stayed constant. Blacks were more likely to be...