CDFI Fund: Winners of Innovation Challenge Announced
Today, the Community Development Financial Institutions Fund (CDFI Fund) announced the winner of its 2015 Innovation Challenge. The winner, Association for Enterprise Opportunity (AEO), has been awarded a one-year contract to test an innovative way of partnering Community Development Financial Institutions (CDFIs) with small businesses in low-income areas that need investment. “I am very proud…
ABA: 7 Bad Spending Habits To Avoid This Holiday Season
7 Bad Spending Habits to Avoid This Holiday Season WASHINGTON — As consumers across the country prepare to shop for holiday deals, the American Bankers Association is highlighting seven habits that shoppers should avoid to minimize their holiday spending debt. “The holiday season is an exciting and inspiring time of the year that promotes giving,…
CFPB: “Planning for Retirement” Tool Released to Help Consumers Decide When To Claim Social Security
CFPB Report Shows Many Consumers Base Critical Claiming Decision on Limited Information WASHINGTON, D.C. – Today the Consumer Financial Protection Bureau (CFPB) released “Planning for Retirement,” an interactive, online tool designed to help consumers decide when to claim their Social Security retirement benefits. According to a report released by the CFPB, many older Americans are relying…