BCFP released a new research report on the geographic patterns of credit invisibility. Consumers who are “credit invisible” have no credit histories. This is the third in a series of Bureau studies on consumers with limited credit histories.
Consumers typically pay for telecommunications services monthly, but most providers do not report to consumer reporting agencies unless an account is in collections. In this report, we explore how these debts are reported.
New research report detailing how borrowers are paying off their student loans, what they do after, and what it might mean for their personal finances and the broader economy.
This report finds that aggregate end-of-year consumer credit card borrowing roughly follows end-of-year retail expenditure patterns, with consumer borrowing experiences differing across consumers with different credit scores and different credit card utilization rates at baseline.
The National Consumer Assistance Plan (NCAP) was launched in March 2015 by the three nationwide credit reporting companies in response to a multi-state settlement. In this report, we explore how the removal of public records resulting from the NCAP affected consumers' credit records and their credit scores.
Our new interactive Financial Well-Being tool lets you see your financial well-being score—that is, how well your money situation provides you with financial security and freedom of choice.
According to a new CFPB report, at-risk student loan borrowers are struggling with repayment, even with options to help them available.
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 are seeking your research on consumer finance for our conference this December. Submit your completed papers or detailed abstracts by August 26.
We recently studied how auto title loans affect consumers. Read our blog to find out what we learned.
