The Risk Assessment, Data Analysis, and Research (RADAR) Group has created a monthly report examining mortgage forbearances and delinquencies.
We study credit and payment markets to understand how they affect consumers and the economy.
WP 21-32 – High levels of subprime consumer debt can create social problems. We test the effects of the Troubled Asset Relief Program (TARP) and Paycheck Protection Program (PPP) bailouts during the Global Financial Crisis and COVID-19 crisis, respectively, on this debt.
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.
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.
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."
Get the Philadelphia Fed’s latest information, resources, and research on the coronavirus pandemic's impact on businesses, households, and communities.
We regularly invite outside experts in consumer finance and payments to conduct independent research, collaborate with our staff economists and analysts, and participate in our events.
CFI in Focus – The share of student debt held by older borrowers has increased substantially since 2003. This report examines the magnitude of this rise and offers reasons to explain this trend in borrowing.