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Articles and analysis on today's issues
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The rise of buy now, pay later products, which often aren’t reported to credit bureaus, could affect borrowers’ ability to buy a home and sustain homeownership.
Fintech Can Be a Safe Way to Access Financial Services during the Pandemic, but How Well-Suited Is It for People with Low Incomes? Four lessons to improve fintech access for people with low incomes through financial coaching.GDP Declined at a Historic Rate in the Second Quarter, but the Shocks Aren’t Over New shocks that are not already baked into last week’s report could mean more trouble ahead.The Problem Is Not the Criminal Justice Risk Assessment Tool: It’s Systemic Racism It is important to recognize that these tools do not operate apart from the justice system or the systemic issues that plague it.Moving to a 70 Percent Income Replacement for Unemployment Insurance Benefits Will Disproportionately Hurt Low-Income Renters Under a 70 percent income replacement, a new analysis finds households with higher incomes would see a big increase in monthly benefits, while households with lower incomes would see a sharp decline.“Equal” K–12 State Funding Cuts Could Disproportionately Harm Low-Income Students New research finds that any reduction in K–12 funding harms students’ academic and labor market outcomes.To Significantly Increase Access to Capital for Communities of Color, We Need to Support Black Banks and All CDFIs All financial institutions could better serve the Black community. But CDFIs are already well positioned to make a difference in neighborhoods of color.
