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nonprime consumers

Nonprime Americans Struggle to Pay Emergency Expenses

Nonprime Americans, those with a credit score below 700, struggle to find credit, which makes it hard for them to pay for unexpected expenses. New research from Elevate indicates it is also difficult for these consumers to borrow money from friends and family. According to Elevate’s Limited Borrowing Options: The Nonprime Experience, 70% of nonprime borrowers could

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