This report looks at the impact of the Great Recession on small business lending before, during, and after the Recession across geography and sources of lending.
By
Jason Dietrich,
Karl Schneider,
and
Chris Stocks
This report looks at how the removal of public records from credit reports affected the relationship between credit scores and consumers’ credit performance.
Data Point research report by Thomas Conkling and Christa Gibbs uses CFPB CCP to study income-driven repayment (IDR), provides statistics on borrower delinquency on federal student loans.
Among 15-year-olds in the United States, a gap in financial literacy appears, connected with socioeconomic status. We explore potential ways to help close the gap through a deeper analysis in the linked financial literacy brief.
Encouraging saving at tax time is one of the key opportunities for many families with limited financial resources to build liquid savings. The Bureau’s annual tax time saving report has key insights for Volunteer Income Tax Assistance (VITA) programs that are focused on encouraging people to save during the process of filing their tax return.
The report describes bankruptcy trends in the years including the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) and the Great Recession.
A joint study with Credit Karma explores the relationship between subjective Financial Well-Being (FWB) and objective credit characteristics and engagement with financial education tools. The report identifies credit report and engagement variables that are significantly related to a consumer’s FWB score, including credit score, credit limit, credit utilization, and the use of a credit simulator tool.
This report on the Bureau’s September 17th, 2018 Building a Bridge to Credit Visibility Symposium summarizes the panel discussions that took place during the event and highlights the key themes that stood out from those conversations.
By
Patrice Alexander Ficklin
and
J Frank Vespa-Papaleo
The analysis shows that about two thirds of actively used credit card accounts carry a revolving balance. Once consumers begin to revolve, they do so continuously for about 10 months on average, with approximately 15 percent revolving continuously for two years or more. The longer a balance is revolved, the higher the chances that the consumer will continue to revolve a balance.
This report describes our fair lending activities in supervision, enforcement, guidance and rulemaking, interagency coordination, and outreach for calendar year 2018.
The ability of consumers to access various types of credit can be affected by their credit scores, as many lenders require a minimum credit score before credit will be extended. This report finds that consumers with lower credit scores are more likely to apply for credit around peaks and troughs in their scores.
Building upon the work of the Bureau’s child savings account initiative, the goal of these briefs is to identify, document, and advance promising and proven practices that can increase child savings opportunities for more families with low incomes and low wealth, and that can be taken to scale.
The CFPB released a review of existing youth financial education research, a set of research priorities, and a call for proposals to fill research gaps.
The Bureau released a report about key facts, trends, and patterns revealed in Suspicious Activity Reports—or SARs—filed by banks, credit unions, casinos, and other financial services providers from 2013-2017. This first-ever public analysis provides a chance to better understand elder fraud and to find ways to improve prevention and response.
The CFPB’s latest list of consumer reporting companies gives you the details you need to obtain your reports so you can review your data and take more control over your financial life.
The Office of Servicemember Affairs annual report highlights complaints from servicemembers as well as emerging issues and continuing trends facing servicemembers in the financial marketplace.