DBRS Morningstar: U.S. Consumer Finances on Solid Footing for 2020

DBRS, Inc. (DBRS Morningstar) published a commentary reviewing the U.S. consumer finance outlook for the upcoming year. The finances of the U.S. consumer are expected to remain healthy overall in 2020, as income growth continues to exceed household debt growth and interest rates remain low. This is also good for lenders, as many borrowers have improved their capacity to service their debt.