Financial Education

Current financial education programs do not adequately target the needs of many low- and moderate-income consumers because they teach about products and services these consumers do not use, or which are not accessible to them.

They do not appropriately address the day-to-day financial realities and needs of these consumers.

In recognizing this fact, FiSCA recently commissioned the development of the first of its kind “audience appropriate” financial education program which better reflects the demonstrated needs, preferences and behaviors of these low- and moderate-income consumers who choose to use FSCs.

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This relevant program will be accessible to these consumers at times and places of greatest convenience and will address their current financial needs while helping them plan for their future needs, including the transition to banks and/or credit unions when appropriate.