Jan 14 2014
Webinar / Tuesday, January 14, 2014
Lower Interest for Timely Payments: A Field Experiment on Incentives for Loan Repayment | Webinar
The LIFT (Lower Interest for Timeliness) project, a partnership between Filene Research Institute, the University of Wisconsin-Madison's Center for Financial Security, and the Center for Financial Services Innovation, targets the growing population of low-to-moderate-income borrowers with subprime credit. The goal of the project is to improve financial capacity by rewarding timely payments on automobile loans.
George Hofheimer talks about the project as part of a panel.