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    The economy is booming. But are Americans ready for the next recession?

    by James Rufus Koren, Los Angeles Times Sep 10, 2018 5 minutes

    Need a few thousand bucks? Get a loan fast online. Need a mortgage? Apply for one on your phone. Have questions for your bank? Chat with a robot instead of a teller.

    The way Americans interact with the financial system has changed dramatically over the last 10 years. And yet, for all the technological innovation, Americans' fundamental relationship with the institutions that help them pay for homes, cars and other necessities remains largely unchanged.

    A decade after the financial crisis, many households are no more prepared for an economic downturn today than they were then. And though there's less risky lending in some areas, new worries have emerged.

    Student and auto debt have soared, new types of loans backed by untested technology have hit the market and the average American has benefited little

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