Strong credit is a prerequisite for financial well-being, but many U.S. consumers lack access to safe and affordable credit options. This brief, released through the Grand Challenges for Social Work initiative’s network to Build Financial Capability for All, identifies policies that would enable households to build and maintain credit and that would ensure access to credit products with adequate consumer protections.
Project: Grand Challenges for Social Work
Birkenmaier, J., Despard, M. R., & Friedline, T. (2018, May). Policy recommendations for financial capability and asset building by increasing access to safe, affordable credit (Grand Challenges for Social Work initiative Policy Brief No. 11-2). Cleveland, OH: American Academy of Social Work & Social Welfare.