If Your Debt Is Ballooning, There Are Steps You Can Take
More borrowers have been falling behind on their credit card bills and are paying for more basic banking services, like A.T.M. fees.
Charting the Course for the Future of Consumer and Worker Financial Health
As we mark 20 years of the financial health movement, it is energizing to consider the immense advancements we’ve made in partnership with so many of you. In that time, more than 170 organizations have answered our call to measure the financial health of their customers, employees, and communities.
What to Know About Online Paycheck Advances and Why They Face Scrutiny
The Consumer Financial Protection Bureau has proposed a rule that would treat the offerings as loans, requiring the providers to disclose their charges as interest rates.
FinHealth Spend Report 2024 Finds Spending on Interest and Fees Climbed 17% to Reach All-Time High of $415 Billion
New data from Financial Health Network shows credit balances, spending on interest and fees, and unmanageable debt all increased for Americans, with the financially vulnerable and people of color paying an outsized portion.
Rewiring FinHealth: 3 Takeaways From EMERGE 2024
Our 20th anniversary celebration brought together hundreds of leaders to reflect on our successes and chart a bold course for the future.
Can Banks Reverse a Complicated History with Women?
While women play a serious role in the economic landscape — whether via their control of household finances or in their consumer spending habits — they don’t have as much trust in banking institutions as men do.
What the Climate Crisis Means for Financial Health
With the increasing cost of climate change and its long-term ramifications on financial health, the Financial Health Network recognizes this urgent issue and is taking action.
Increasing Fund Access for Disaster Recovery: Q&A With iink Payments
With increasing natural disasters, finhealth-focused fintech makes it faster to access financial relief.
At risk of becoming irrelevant
Financial Health Network recently hosted its EMERGE conference which brings together leaders from the entire ecosystem including financial institutions, employers, government agencies, nonprofits, and fintechs.
Prolonged Parenting in an Era of Extended Longevity
Article #1 in the Series | As lifespans evolve, parents’ involvement in their adult children’s lives is changing. Explore the implications of “prolonged parenting” and the shifting financial needs of parents.
IRS Should Ensure Customer Service Enhancements Are Accessible for Taxpayers with Disabilities
The IRS is in the midst of reinventing itself by offering taxpayers several new customer service options. These enhancements will undoubtedly provide better customer service to taxpayers, but the IRS must design them so they will be accessible to all.
Financial Inclusion Practices and Innovations, July 9, 2024
The Federal Reserve System is the central bank of the United States. It performs five general functions to promote the effective operation of the U.S. economy and, more generally, the public interest.