The CFPB has identified a core set of five financial outcomes for financial empowerment and capability programs to provide common outcomes across a variety of different programs
We recently published our Consumer Response Annual Report, which provides an overview of the complaints we received in 2016.
Making and sticking to a budget can be challenging. Finding ways to keep track of your spending can help you meet your financial goals.
After reviewing more than 3,400 comments on our student loan Payback Playbook, we worked to create revised prototype disclosures. The updated Payback Playbook prototype will provide borrowers with personalized and actionable information on their student loan repayment plan options and help borrowers secure a monthly payment they can afford.
Our report highlights trends and issues reported in servicemember complaints about VA mortgage refinances. We also have direct-to-consumer tips to remember when thinking about refinancing your VA mortgage.
Financial coaching can help consumers achieve their financial goals. It’s a strategy that financial educators can implement with the people they serve. Read more about our two briefs: “Financial Coaching: A Strategy to Improve Financial Well-Being” and “Implementing Financial Coaching: Implications for Practitioners.”
We released the results of a Project Catalyst research project finding that offering a small incentive to prepaid card users to put some of their money into a savings wallet doubled uptake of the wallet.
We’ve released a new report on our findings for how young people can acquire three building blocks of financial capability which include: executive function, financial habits and norms, and financial knowledge and decision-making skills. Read on to find strategies for educators, policymakers, and parents.
Financial exploitation robs millions of older people of their money and property annually. To prevent and respond to the growing crisis of elder financial exploitation, people are working together in hundreds of communities across our nation.