We’re committed to a consumer financial marketplace that is fair, transparent, competitive, and that works for all consumers. One of the tools we use to help meet this goal is to supervise companies offering financial products and services. Periodically, we publish Supervisory Highlights to share general information about the findings of our examinations without identifying […]
We ensure that lenders are complying with fair lending laws and are addressing discrimination across the consumer credit industry. Information on consumer race and ethnicity is required to conduct fair lending analysis of non-mortgage credit products, but auto lenders and other non-mortgage lenders are generally not allowed to collect consumers’ demographic information. As a result, […]
In the wake of the recession, many employers have seen how financial distress reduces worker productivity, increases absenteeism, and undermines employees’ health. Forward-looking employers have begun to take action, adopting creative approaches to enhance employee financial well-being. We’ve been researching how innovative companies are leveraging technology, peer-to-peer relationships, and other promising practices to find low-cost, […]
Youth employment programs present a promising opportunity for helping disadvantaged youth acquire the financial knowledge, skills, and access to resources they need to effectively manage their finances through adulthood. That’s why we’ve partnered with the Administration for Children and Families (ACF) to produce Building Financial Capability in Youth Employment Programs. This report provides an overview […]
Our data point reports are prepared by our Office of Research to provide an evidence-based perspective on consumer financial markets, consumer behavior, and regulations to inform the public discourse. This third data point provides analysis of consumers’ experience with checking account overdraft. Take a look at our findings in the Data point: Checking account overdraft.
We’ve adopted plain language as a core principle for all of our consumer-facing content. As such, we apply plain language principles in all of our consumer print and online materials– including brochures, web content, blog posts, and other social media. Check out our Plain Writing Act compliance report to learn more.