WASHINGTON - As the US recovery has gradually improved economic prospects of families, on-time payments and access to credit have improved, but there remain large areas where people are being left behind. And even in healthy credit states there are pockets of serious problems, according to the data, which can provide tools for local governments and community groups to target their efforts. The on-time payment rate across the South also lags well behind the national rate, in many of those states below 70 percent. Hamdani helped develop this credit data tool, first released last year, to fill in big data gaps. That means how to target resources, where to direct advertising about credit services, and where to locate services like credit counseling centers, he said.

Source: Bangkok Post October 25, 2016 03:45 UTC