Members-only Webinar: Tackling Credit Challenges Through Data and Evidence
March 21 @ 2:00 pm - 3:00 pm
Understanding national, state and local credit trends is critical to inform our work, and strategically influences our approach to moving the needle on that work at a population level. In this webinar, we will explore two recently released data-driven and evidence-based resources that highlight banking access and debt trends – both of which have a direct impact on credit.
The FDIC will discuss its 2017 National Survey of Unbanked and Underbanked Households, which provides estimates of the proportion of U.S. households that do not have an account at an insured financial institution, and the proportion that have an account but obtained (nonbank) alternative financial services within a prior 12-month period. This report also includes findings from new questions that capture the full range of credit products that are likely reported to the credit bureaus.
The Urban Institute will present its Debt in America: Interactive Map, which shows that while credit can be a lifeline during emergencies and a bridge to education and homeownership, debt often burdens families and communities and exacerbates wealth inequality. This interactive resource reveals the geography of total debt in collections, with a focus on medical, student loan, and auto debt at the national, state, and county levels.
Learn how you can use these resources to enhance your programming, funder reporting, and more!