New data shows rising financial struggles in California
Californians are feeling increasing financial strain, according to a new report from The California Policy Lab. Credit card and auto loan delinquencies are the highest they've been since the Great Recession. More Californians are relying on credit to make ends meet. The impact is hitting hardest in the Central Valley, where delinquency rates are rising faster than in coastal regions, including the Bay area. Let's get some more insight by turning to Evan White, the executive director of the California Policy Labs UC Berkeley site.
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