Additional Information
Please fill-in the following information before you start your courses:
First Name: Last Name: Organization/Agency your work for: (Please put N/A if you are not working for anyone) City and province: Which of the following financial empowerment services does your organization provide? (Check any that apply): Save
Show inline popup

Know Your Borrower: The Four Need Cases of Small-Dollar Credit Consumers
Get it

You need to login or register to bookmark/favorite this content.

The Center for Financial Services Innovation (CFSI), with support from the Ford Foundation, has undertaken extensive consumer research to examine the needs, decisions, and experiences of SDC consumers, with the goal of promoting the development of high quality SDC solutions. As CFSI defines it, high-quality credit is affordable, marketed transparently, priced fairly, structured to support repayment without creating a cycle of repeat borrowing, and supports credit-building. This report explores the financial needs that drive borrowers’ demand for credit—the necessary starting point for a detailed understanding of the consumer and the marketplace. It builds on previous research to more comprehensively identify and classify the major categories of financial need that form the marketplace for non-traditional small-dollar credit.
Author: Nicholas Bianchi, Rob Levy
Topic: Credit & Debt
Publisher: CFSI - Center for Financial Services Innovation
Location: United States
Format: Report
Content Type: Research
Publication Date: December 24, 2013