financial literacy

Subscribe to financial literacy

The CFPB has republished in today’s Federal Register a proposed new information collection titled “Development of Metrics to Measure Financial Well-being of Working-age and Older American Consumers.”  The proposed collection is intended to support the CFPB’s financial literacy initiatives.

Initially published in the Federal Register on August 8, 2013, the proposal contemplates the CFPB’s collection of quantitative data through surveys of working-age (age 18–61) and older American (age 62 and older) consumers. … Continue Reading

The CFPB has issued a proposal to conduct a new information collection titled “Development of Metrics to Measure Financial Well-being of Working-age and Older American Consumers.”  The proposed collection is intended to support the CFPB’s financial literacy initiatives. 

The CFPB intends to collect quantitative data through surveys of working-age (age 18–61) and older American (age 62 and older) consumer. … Continue Reading

The CFPB has proposed a new generic information collection clearance for its consumer complaint system and a new information collection related to its financial literacy initiatives. 

The new generic information collection clearance, for which the CFPB intends to seek OMB approval, is titled “Generic Clearance for Consumer Complaint and Information Collection System (Testing and Feedback).” … Continue Reading

The CFPB has issued its first Financial Literacy Annual Report to Congress.  The report covers the CFPB’s activities and strategies to improve consumer financial literacy during the period from July 21, 2011 through June 15, 2013.  

According to the CFPB, its financial literacy strategy is “[b]roadly…to motivate and support consumers in taking positive action on financial decisions that serve their own life goals.” … Continue Reading

The CFPB’s Office of Servicemember Affairs wants to know what consumer financial services and products and financial education opportunities are now offered to servicemembers and their families. These are among the questions the Office has asked in a request for information published today.  According to the Office, the answers it obtains will help it develop a knowledge base that will inform its planning not only for monitoring complaints from servicemembers and their families as required by the Dodd-Frank Act but also for fulfilling the Act’s mandate that the CFPB provide financial education to the military community.… Continue Reading