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Empowering low income and economically vulnerable consumers
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Over the last decade, initiatives to enhance the financial stability of the economically vulnerable population have multiplied and shown promise. But there is as of yet no strategy on a national scale that addresses the unique consumer financial product and service needs of low-income and economically vulnerable consumers. As a step toward helping to formulate this strategy and its implementation, the CFPB’s Office of Financial Empowerment hosted a national convening in Washington, DC on November 28-29, 2012. The plenaries and working sessions framed three themes: access to financial services and products, measurement of program outcomes, and pathways to scale.
Author: CFPB - Consumer Financial Protection Bureau
Topic: Financial well-being
Publisher: CFPB - Consumer Financial Protection Bureau
Location: United States
Format: Report
Content Type: Research
Publication Date: November 30, 2013