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
What Many Get Wrong with Financial Education
“I hear and I forget. I see and I remember. I do and I understand.”– Confucius No one would argue with the notion of hands-on experience solidifying knowledge obtained fr
Direct Payments (R)Evolution
The growth of direct cash transfer (DCT) programs has been an exciting and promising tool as a means of addressing poverty and wealth inequality. In recent years it has garnered [&
A Better Approach for Unbanked Employees
More than 75% of Americans say that increasing financial stress is impacting their productivity at work. Financial insecurity has hit all-time highs in many segments of the workfor
Expand Financial Inclusion For All
Imagine immigrating to America to seek a better life for your family. You strive for a better economic opportunity that will afford living expenses, obtain adequate housing, and ac
The Personal Debt Conundrum
It was sobering to see the Federal Reserve Bank of New York’s Q1 2023 report on household debt, where total US household debt surpassed $17 trillion at the end of […]
