Connect * Empower * Impact


2019 AFCPE® Research and Training Symposium


AFCPE Pre-Symposium: Sunday, November 17 - Tuesday, November 19
AFCPE Symposium: Tuesday, November 19 - Thursday, November 21
Schedule Subject to Change

Friday, November 16th, 2018
Category: Credit
Supporting Credit Inclusion: Financial Product and Credit Scoring Innovations
Building financial and credit inclusion requires recognition of the unique needs of specific populations that have been historically excluded from the financial mainstream. In response, lenders, non-profit and community based financial institutions, and the credit industry itself, are innovating to meet the credit needs of these often low-income and minority consumers. Participants will: 1) Learn how lenders are innovating at local and national levels to support financial inclusion through the creation of original small dollar financial products; and 2) Understand shifts in credit reporting and the development of more inclusive credit scoring algorithms in order to expand credit access.
Questions or Implications for Researchers: How does the modern U.S. credit reporting industry support or subvert financial inclusion? What best practices can financial capability practitioners employ to champion the financial inclusion of their clients?