2023 Holiday Wish List
- More lenders who provide safe and affordable loans that improve the credit and/or debt position of low-wealth individuals.
- Lower-cost basic banking and savings accounts tailored for those who are unbanked and underbanked.
- Less barriers for ITIN individuals–those who cannot obtain a US Social Security number–in financial products and services.
- Leaders of direct cash transfer programs adopt a thoughtful approach to providing recipients with a low-cost account to store, spend, and save their money, and build wealth over time.
- Financial education programs embrace a behavior-based approach for low-wealth individuals, connecting learning and doing with appropriate financial accounts and products.
- Providers of financial services adopt a higher standard for products and services offered to low-wealth individuals to improve financial wellness.
