Improving Financial Decision Making
Americans face increasing challenges associated with mounting financial choices and decisions, and lower income Americans are no different. The complexity ranges from the positive and negative powers of interest compounding to the fundamentals of credit cards, credit score calculations, and basic financial management. In addition, lower income consumers households face an array of decisions related to the alternative financial services industry including check cashing, pay day lending, title lending, and rent-to-own. With so many different choices, it is no surprise that mistakes are commonplace.
D2D seeks to bring innovation to the area of financial decision-making leveraging two distinct technology tools: