Research Report Summary on Developing a Research Agenda on Small-Dollar Credit and Financial Empowerment
Signe-Mary McKernan, Jessica F. Compton
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The U.S. Department of the Treasury gathered 50 foundation representatives and researchers from academia, government, the nonprofit sector, and industry to participate in the convening Developing a Research Agenda on Small-Dollar Credit and Financial Empowerment.This summary provides key insights from the one-day event including discussions on both the demand for and supply of small-dollar credit and what participants identified as research needed to inform policymaking in order to address the challenges related to meeting the small-dollar credit needs of underserved populations, notably low- and moderate-income individuals.
Research Areas Wealth and financial well-being Families Social safety net
Tags Low-Income Home Energy Assistance Program (LIHEAP) Asset and debts Economic well-being Family credit and debt
Policy Centers Center on Labor, Human Services, and Population