Consumer Finance

Our Consumer Finance Institute researches how people earn, spend, save, and invest, as well as how credit markets and payment systems affect the economy. Our goal is to foster a healthy consumer sector, a stable financial system, and a resilient regional and national economy.

Examining Resolution of Mortgage Forbearances and Delinquencies – August 2021

The Risk Assessment, Data Analysis, and Research (RADAR) Group has created a monthly report examining mortgage forbearances and delinquencies.

CFI COVID-19 Survey of Consumers – Cautious Optimism Reigns in Wave 9

This report shares results from Wave 9 of a national survey of consumers investigating the effects of COVID-19 on employment and income data, including expectations for income in 2021 and information on financial security over the next three to 12 months.

Payment Systems

Discussion Paper

The Future of Cash

DP 21-03 - In many advanced economies around the world, the share of transactions conducted using cash payments has been falling over the past several years.

Overdraft Use During the Pandemic: Insights from the CFI COVID-19 Survey of Consumers

This research brief examines consumers’ experiences with checking account overdrafts since the beginning of the COVID-19 crisis, using responses gathered from a special module in the Federal Reserve Bank of Philadelphia’s Consumer Finance Institute "COVID-19 Survey of Consumers."

Consumer Finance

Working Paper

COVID-19 and Auto Loan Origination Trends

WP 21-28 – We study the impact of the COVID-19 crisis on auto loan origination activity during 2020.

Despite Significant Vaccine Reluctance, More Consumers Are Upbeat About the Future

With vaccines becoming available to all adults in the United States, this latest research brief focuses on how receptive or reluctant consumers were in getting vaccinated based on data from the Consumer Finance Institute’s COVID-19 Survey of Consumers.