CFPB Report: Renters at Risk as COVID-19 Safety Net Ends

The Consumer Financial Protection Bureau (CFPB) today released a report warning that millions of renters and their families may suffer previously avoided economic harms of the COVID-19 pandemic as federal and state relief programs end. The report, “Fin…

The Consumer Financial Protection Bureau (CFPB) today released a report warning that millions of renters and their families may suffer previously avoided economic harms of the COVID-19 pandemic as federal and state relief programs end. The report, “Financial conditions for renters before and during the COVID-19 Pandemic,” finds that some government relief efforts likely helped maintain the financial stability of renters and their families, suggesting that many may be at risk as those programs expire.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-report-renters-at-risk-as-covid-19-safety-net-ends/

Consumer Financial Protection Bureau Announces Partnerships with Communities Across the Country to Promote Financial Resiliency

On January 19, 2021, the Consumer Financial Protection Bureau announced that it will partner with seven communities across the country to help build financial resiliency among Americans.

On January 19, 2021, the Consumer Financial Protection Bureau announced that it will partner with seven communities across the country to help build financial resiliency among Americans.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/consumer-financial-protection-bureau-announces-partnerships-with-communities-across-the-country-to-promote-financial-resiliency/

Director Kraninger’s Remarks During the Women in Housing and Finance Annual Symposium

Good morning. Thank you, Kara, for that kind introduction. And thank you to Women in Housing and Finance for hosting this event.

Good morning. Thank you, Kara, for that kind introduction. And thank you to Women in Housing and Finance for hosting this event.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/director-kraninger-remarks-women-in-housing-and-finance-annual-symposium/

Director Kraninger's Remarks at the Credit Union National Association Government Affairs Conference

I’m thrilled for the invitation to address members of the Credit Union National Association. Since becoming Director in December 2018, I have appreciated the cooperative relationship the Bureau has with CUNA.

I’m thrilled for the invitation to address members of the Credit Union National Association. Since becoming Director in December 2018, I have appreciated the cooperative relationship the Bureau has with CUNA.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/director-kraningers-remarks-cuna-government-affairs-conference/

CFPB Issues Financial Literacy Annual Report

The Consumer Financial Protection Bureau issued its Financial Literacy Annual Report for fiscal year 2019.

The Consumer Financial Protection Bureau issued its Financial Literacy Annual Report for fiscal year 2019.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-issues-2019-financial-literacy-annual-report/

CFPB Releases Research on Tax Time Savings

The Consumer Financial Protection Bureau (Bureau) released today the results of a pilot study, Planning for tax-time savings, launched with the tax preparation company H&R Block that shows that simple messages encouraging customers to use their pre…

The Consumer Financial Protection Bureau (Bureau) released today the results of a pilot study, Planning for tax-time savings, launched with the tax preparation company H&R Block that shows that simple messages encouraging customers to use their prepaid card to save at tax time increased the likelihood that they would do so.  

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/bureau-releases-research-tax-time-savings/