Bankers to Consumers: Beware the Wealth Gap

Bank risk officers expect us to charge more, and fall behind in payments
Photographer: Daniel Acker

With consumer sentiment at an 11-year high, credit card delinquencies at a record low, the real estate market stable, and the job market looking better, you might think it's safe to open your wallet a little. And that has bankers worried. From their vantage point, what looks good on the ground right now could lead to economic trouble down the road. At the top of their list of worries: a wealth gap in the U.S. that could stymie consumer spending and demand for credit. That would hurt economic growth (and, of course, their employer's profits).  

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