During the pandemic last year, people living in majority-Native communities faced persistently high rates and levels of delinquent debt, nearly half had subprime credit, and some turned to high-cost predatory lenders to meet their financial needs
Though forbearance and other policies may have temporarily stabilized credit health, there is reason for concern about other aspects of financial health.
These short-term solutions could help minimize the inevitable damage this economic crisis will cause to consumers who are already struggling with debt.
