Millions of Americans are raising children in households with poor family financial health and limited financial resources.

This infographic illustrates the types and uses of Small-Dollar Credit products.

Piggymojo built an online and mobile tool that uses goal visualization, social sharing and mobile technology to help savers turn impulse buys into “impulse saves.”

Millions of Americans lack access to high-quality, affordable credit. Many of the small-dollar loans available to consumers are high-cost, low-quality products that often lead borrowers into a cycle of repeat usage and mounting debt.

To help the industry take the lead in addressing these challenges and build trust with the public, the Center for Financial Services Innovation, in partnership with a cross-section of industry participants, created the Compass Principles.

To be truly groundbreaking, financial services companies must go further than delighting their customers with convenient, beautifully designed products and services.

The U.S. Financial Diaries (USFD) is an ambitious research project first-of-its-kind undertaken in the U.S. The project is collecting detailed financial data from more than 200 low- and moderate-income households over the course of a year.

For eight years, the Financial Health Network has championed innovative strategies for meeting the needs of underbanked consumers

U.S. Financial Diaries: Tim and Clara Adrian are in their early 30’s and live in Mississippi in a four-bedroom house that they own.

Banks and credit unions can and should be doing much more to support consumer credit building – and, importantly, they can do so in ways that align their own success with the success of their customers.

This one-page document has examples of applying each of the four Compass Principles to savings products.

The products and services that cater to the needs of financially underserved consumers are big business.