Despite improving US economy, credit lags in large areas

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. Many people still cannot access traditional forms of credit, or have high credit delinquency rates, according to the New York Federal Reserve Bank's Community Credit report released Monday. It's a tale of two cities, the good right next to the troubled," said Kausar Hamdani, senior vice president in the Com