New index shows Georgians financially ‘distressed'

Press release from the issuing company

Thursday, May 27th, 2010

The economy may be improving, but Americans -- Georgians, in particular -- remain in financial “distress,” according to a new survey released Wednesday by CredAbility.

The quarterly survey measures a consumer’s job status, ability to pay rent or mortgage, credit worthiness, spending habits and net worth. In all, CredAbility crunches data from 38 government and private sources to determine what it calls the most comprehensive compendium of financial stability. (read more at ajc.com)