Advancing Economic Justice Beyond the Ballot Box: A Message from CFR
Dear CFR community, Voting is one of the most powerful actions we can take individually to advance democracy, but when we engage collectively, our impact deepens and extends beyond
The Opportunity and Risks of Open Banking: A Financial Inclusion Perspective
Open banking has been heralded as a game changer for the financial industry, creating new opportunities for innovation, competition, and personalized financial services. With the p
What the Fed’s Half-Point Cut Means for Low-Wealth Consumers
In a surprising move, the Federal Reserve recently announced a half-point rate cut, sparking debates among economists, financial analysts, and policymakers alike. While headlines o
Back to the Future
Some are old enough to remember when the internet and financial services came together in the mid-1990’s, enabling brokerage customers to trade securities online. Clunky dial-up
CRA’s Merry-Go-Round
A contentious issue on the forefront of lending today is the revision to Community Reinvestment Act (CRA) rules, defining the responsibility of banks to provide credit to local com
Announcing the 2023 Impact Report
We’re excited to share the release of our 2023 impact report! In the report you’ll find: A letter from CFR’s Executive Director A snapshot of CFR’s products and programs in
Buy Now Pay Later: Convenience or Debt Trap?
The growth of point-of-sale installment payment options, often known as buy now pay later (BNPL), have offered consumers an alternative to credit cards, providing them flexibility
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 fo
Managing Financial Expectations for the Holiday Season
Tis’ is the holiday season of gratitude and cheer! Alongside this holiday season, comes the giving of gifts to show our gratitude for those we love… And that can be [&helli
“It’s Basic” Premiere in Oakland, CA
Sharing reflections on the “It’s Basic” Premiere from CFR Product Operations Manager, Amy Nguyen Attending the premiere of the “It’s Basic” documentary
