...Coalition recommends amending the limits to MLA applicability based on loan term, maximum loan amount and loan structure for payday lenders and vehicle title lenders; subjecting direct deposit advance loans...
Across the country, many local leaders have launched Offices of Financial Empowerment (OFEs) or similar municipal offices that serve as a home for financial empowerment programming efforts. This brief details...
Across the country, a number of local governments are increasing the availability of youth savings opportunities for families, with the goal of improving the likelihood that students of limited means...
Nearly 10 million people exit local, state, and federal prison each year after completing their incarceration. Given the high rates of recidivism, the cost of incarceration, and the impact of...
The CFE Fund recently submitted a comment letter to the Federal Reserve Board, Federal Deposit Insurance Corporation (FDIC), and Office of the Comptroller of the Currency (OCC) on their proposal...
The CFE Fund issued a call for essay abstracts related to the importance of a professional approach to the field of low income financial counseling and coaching in an attempt...
...include low costs, no overdraft fees, robust transaction capabilities such as a debit or prepaid card, and online bill pay. Notable changes in the 2019-2020 Standards include allowing paper statement...
...unemployment payments. Previously, these payments were disbursed through paper checks or prepaid cards. Both states have ceased payments through prepaid cards, and focused instead onthe availability of safe banking accounts...
Building off the successes of the national Bank On and Summer Jobs Connect initiatives, the CFE Fund is testing different ways to integrate banking access into existing municipal and community...
...and other barriers, Black residents and other residents of color experience more financial instability than White residents: as just one example, Black households have an average of one-fifth of the...