CFPB Report Finds Household Financial Health is Declining after ...

Regulatory Recap: CFPB Releases Household Financial Health ...

... reporting: CFPB Report Finds Household Financial Health is Declining After Several Years of Increased Savings. The CFPB released a new report, “Making Ends ...

Financial Well-Being in Low- and Moderate-Income Households

The CFPB found financial well-being to be positively associ- ated with age. However, in our LMI sample, we found a U-shaped financial well-being across the life ...

Paying for It: How Health Care Costs and Medical Debt Are Making ...

Fifty-four percent of people with employer coverage who reported delaying or forgoing care because of costs said a health problem of theirs or a ...

Literature Review on the Effect of Physical and Mental Health on ...

... CFPB Report Figure 1, uses data from the 2018 National Financial Capability Study ... find that average household consumption falls more in periods following ...

Amid a resilient economy, many Americans aren't ready for a “rainy ...

Fed data find almost half of households can't weather a short break in income. One factor: Real spending is elevated; real earnings are not.

The Impact of Climate Change on American Household Finances

the Consumer Financial Protection Bureau found in a 2021 survey that over one-third of households reported they would be unable to cover their ...

CFPB Annual Report Sees Continued Increase in Consumer ...

According to the report, the most-complained-about consumer financial product and service categories in 2023 were consumer reporting (79%), debt ...

CFPB Finds 15 Million Americans Have Medical Bills on Their Credit ...

Today's research found the number of people with medical bills in collections on their credit reports has declined. As of June 2023, about 5% of ...

Household Financial Well-Being - Federal Reserve Bank of New York

The report examines debt holdings across income groups and finds that although the COVID pandemic has taken a heavier toll on lower-income Americans, most ...

Debt In America: Statistics and Demographics - Debt.org

American household debt hit a record $16.9 trillion at the end of 2022, up $2.75 trillion since 2019, according to the Federal Reserve.

Survey of Consumer Finances (SCF) - Federal Reserve Board

The 2022 Survey of Consumer Finances (SCF) is the most recent survey conducted. Below are links to the report, interactive chartbook, historical report tables, ...

The burden of medical debt in the United States

KFF polling shows that people with medical debt · report cutting spending on food, clothing, and other household items, spending down their ...

CFPB Medical Debt and Credit Caregiver Letter

Analysis from the 2023 Retirement Confidence Survey found that caregivers are more likely to report that debt is a problem in their household ...

Measures and drivers of financial well-being - TIAA

Examining multiple indicators of FWB, including the CFPB-. FWBS, we find the same drivers and demographic variables consistently contribute to FWB. These ...

Debt Collection FAQs | Consumer Advice - Federal Trade Commission

You have important rights under the FDCPA for your credit card debt, car loans, medical bills, student loans, mortgage, and other household debts. Business ...

Get the Facts on Senior Debt - National Council on Aging

Mortgage debt · In 2019, a little more than 1 in 4 older adult households were still paying a mortgage after age 65. · A disproportionate number ...

Consumer Finance Client Alert – CFPB Issues Report on Overdraft ...

As of 2023, the CFPB reported that consumers were saving, on a going-forward basis, about $2 billion annually just based on the elimination of ...

Community Developments Insights: Financial Health Vital Signs

8 A Consumer Financial Protection. Bureau (CFPB) report found, as of early 2022, the majority of low-income households and nearly half of all ...

Insights Into Consumers' Financial Standing and Distress From 2019 ...

FIGURE 1: ACCOUNT BALANCES DECLINED SINCE THE FINAL ECONOMIC ... surveys) find that many households reported using the initial economic impact payment on ...

The role of financial conditions for physical and mental health ...

Exercising financial control was found to be favorably associated with emotional health outcomes, physical health outcomes, and social well-being outcomes ( ...