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CFPB Requests Info On Targeted Fin Ed Efforts
WASHINGTON (4/4/13)--The Consumer Financial Protection Bureau's (CFPB) Office of Financial Empowerment this week has issued two requests for information (RFI) to financial institutions, research organizations, community-service providers and potential vendors.

The first RFI, put out in conjunction with the Office of Service Member Affairs, is seeking information about financial coaching services for economically vulnerable consumers and "veterans in transition."

The CFPB is striving to empower and build veterans financial capability to make more effective financial decisions and ultimately have a better financial wellbeing.

The bureau seeks:

  • Best practices in developing and executing veteran financial coaching;
  • Already existing solutions; and
  • Vendors with the capability to provide these services in an effective way.
The second RFI is meant to collect information about building financial capability for people with disabilities, specifically those who are transitioning back into the workforce.  The CFPB aims to protect these particularly vulnerable consumers from financial harm by learning about existing programs and organizations that currently exist.

The bureau wants data on:

  • Organizations that work to build the financial capability of people with disabilities; and
  • Existing best practices and expertise in delivering and integrating financial capability programming services to people with disabilities.
Interested parties are asked to respond no later than April 12 at 4 p.m. (ET) and to submit information via e-mail to Matthew Chmielewski at Matthew.Chmielewski@cfpb.gov.

For more information regarding the CFPB's request for information follow the links.
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CFPB RFI
CFPB RFI
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