At the same time, a troubling number of users are
relatively young borrowers who are tapping reverse mortgages to pay off credit cards or fund vacations.
A 2014 Brookings paper notes that credit scores for
young households without student debt are higher than indebted households — a relatively new phenomenon over the past decade.37 And a 2012 study from Young Invincibles estimated that the typical single student borrower now has a debt - to - income ratio that would prohibit him or her from qualifying for a garden - variety home mortga
young households without student debt are higher than indebted households — a
relatively new phenomenon over the past decade.37 And a 2012 study from
Young Invincibles estimated that the typical single student borrower now has a debt - to - income ratio that would prohibit him or her from qualifying for a garden - variety home mortga
Young Invincibles estimated that the typical single student
borrower now has a debt - to - income ratio that would prohibit him or her from qualifying for a garden - variety home mortgage.38