Updates
Updates
Poverty Tracker Fall Report
This week, Robin Hood and Columbia University's Population Research Center announced the release of the Fall 2014 Poverty Tracker, the second in a series of reports designed to provide a more dynamic picture of how people cope with poverty and hardship [...]
Funding Innovations for Financial Health
The Financial Capability Innovation Funds, managed by CFSI, supports promising nonprofit-led projects designed to help consumers better manage their finances and achieve financial prosperity. Having provided $4 million total in grant support, the Funds focus on projects that spur positive [...]
2014 Neighborhood Trust News Roundup
January 22 - Poptech! writes an in depth feature on Neighborhood Trust, CEO Justine Zinkin, and the Trust Card. Click here to read more. June 15 - Financial advisor Joseph Frewer is quoted by The New York Times article Bank Tool Is [...]
Technology Has Important Role In Teaching Financial Fitness
In the United States, building financial literacy early in life is critical to our country's future economic health. Five years into our economic recovery, nearly half (44%) of households are "liquid asset poor," according to 2014 Assets & Opportunity Scorecard [...]
Debts Canceled by Bankruptcy Still Mar Consumer Credit Scores
In the netherworld of consumer debt, there are zombies: bills that cannot be killed even by declaring personal bankruptcy. Tens of thousands of Americans who went through bankruptcy are still haunted by debts long after — sometimes as long as [...]
Manhattan Credit Union Helps Rescue Members From Loan Sharks
When he needed money, the Manhattan cook went from bank to bank, applying for loans as small as $500—but no one would lend to him because he didn’t have collateral to secure the debt. “What I used to tell them [...]
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