Issue Brief It is long past due to reform asset limits for safety net programs that work at odds with the goals of family economic security and mobility.
Report Through stronger laws and enforcement, as well as the encouragement of better alternatives, policymakers can reduce debt traps in short-term lending.
Joe Valenti, Director of Asset Building, testifies before the Consumer Financial Protection Bureau.
Issue Brief Progressive reforms to the tax code can help support college access and affordability, and benefit student-loan borrowers.
Issue Brief On the fifth anniversary of the Credit CARD Act, policymakers need to consider how to best address the new regulatory gaps in debit cards and give consumers new tools to manage their credit.
Joe Valenti, Director of Asset Building, testifies before the New York City Council Consumer Affairs Committee.
President Barack Obama’s MyRA plan is a start, but Congress should do more.
Issue Brief Students enrolled in our nation’s colleges and universities are borrowing at increasing rates, and the amounts they are borrowing are also growing. Here’s how refinancing can help.
Report Leveraging cities and employers, providing consistent regulations, improving transparency, and building out public options can help create a stronger financial system that works for all Americans.
Issue Brief Reforming the nation’s bankruptcy laws to include some student debt is a way to not only help troubled borrowers but also to foster better student loans and stronger academic programs.
By applying new standards to deposit advances that ensure banks only make loans that can reasonably be repaid, the FDIC and OCC will be able to prevent the spread of high-cost, short-term loan products that can lead financially distressed consumers into a cycle of debt.
In comments submitted to the Consumer Financial Protection Bureau, CAP and Campus Progress identify some of the financial hurdles that student-loan borrowers may face and how these hurdles may affect the future housing market and economy.
Issue Brief Whether by choice or because of government action, millions of Americans are turning to prepaid cards as a financial-management tool. Prepaid-card regulations must evolve in order for consumers to fully experience their benefits.