[ThrowawayR2]

That was debunked as a misleading interpretation, e.g. https://www.jpmorganchase.com/institute/all-topics/financial... . The graph very specifically says "...using cash or its equivalent".

[mossTechnician]

> 77 percent of low-income households can cover an unexpected $400 expense, though many must cover it with disposable income or short-term credit... 43 percent of low-income households unable to weather small expense shocks might be able to pay them with access to additional credit.

I'm not sure if credit is the ideal solution, nor if additional credit would be beneficial.