This white paper compares results of PERC's 2011 study, U.S. Consumer Credit Reports: Measuring Accuracy and Dispute Inputs, with the 2013 study by the Federal Trade Commission on the same topic. The paper notes the similarities in results and methodologies of the two reports.
This report is a summary of A Reexamination of Who Wins and Who Loses from Credit Card Payments, which provides an in-depth analysis and reexamination of the theory explored by authors of the Federal Reserve Bank of Boston in 2010 that credit cards and credit card rewards programs lead to a regressive transfer of merchant costs at the point of sale. It examines how sensitive the Boston Fed staff report findings are to variations in the underlying assumptions and modifications to the accounting framework used.
This report provides an in-depth analysis and reexamination of the theory explored by authors of the Federal Reserve Bank of Boston in 2010 that credit cards and credit card rewards programs lead to a regressive transfer of merchant costs at the point of sale. It examines how sensitive the Boston Fed staff report findings are to variations in the underlying assumptions and modifications to the accounting framework used.
"The Credit Impacts on Low-Income Americans from Reporting Moderately Late Utiity Payments," is a follow-up to the June 2012 report, "A New Pathway to Financial Access." The new report addressess concerns some had about the impacts of reporting moderately late utility payments for low-income Americans.
This report details the impacts of more comprehensive credit reporting in Australia and New Zealand. The report summarizes the results from a joint undertaking by PERC and Dun & Bradstreet Australasia using credit data from 1.8 million Australians.
Dr. Robin Varghese will attend the Global Forum on Remittances hosted by the IFAD in Bangkok, Thailand. For mor information about the event please visit their website.
Dr. Michael Turner will attend the Ashoka Future Forum in Washington, DC. r. Turner will be one of the 400 leading innovators from across the US who will discuss, learn and act on areas where we are seeing the most dramatic change. You can find out more online.
Dr. Michael Turner was invited to attend the Capital Access Innovation Summit, hosted by the U.S. Department of the Treasury and the U.S. Small Business Administration. The summit will feature panels and breakout sessions that assess opportunities to strengthen capital formation for entrepreneurs, small and growing companies. Particular attention will focus on (1) public and private capital market access, (2) data innovation and new financial technology, and (3) support for small business growth by large corporations. Summit participants will include entrepreneurs and corporate executives, lenders and investors, government officials, and academics. Treasury Secretary Jack Lew, SBA Administrator Karen Mills, Director of the National Economic Council Gene Sperling, and Treasury Under Secretary for Domestic Finance Mary Miller, are among those expected to address the summit.
Research and Applications
PERC is a non-profit organization dedicated to finding Information Solutions for Development Challenges worldwide. Going beyond the standard think tank model of solely carrying out research and producing reports, our staff develops real-world applications and works with policy makers at all levels to bring about the change we seek.
Find out more: About PERC
Serving the Missing Middle
PERC's mission is to serve the Missing Middle, the almost 4 billion people above the global poverty line who do not have access to affordable mainstream credit, by utilizing a new type of economic development: information-led development.
Find out more: Information-Led Development, Who are the missing middle?
Overcoming the Catch-22
Up to 70 million Americans are excluded from the financial mainstream because of the Credit Catch-22: you need to have a history of debt to get credit. PERC's Alternative Data Initiative has already helped many Americans overcome this Catch-22 and access affordable mainstream credit.
Find out more: Alternative Data Initiative
Smart Disaster Recovery
PERC has developed metrics for the Louisiana Recovery Agency and the World Bank to track small business recovery from natural disasters.
Find out more: Gulf Coast Economic Renewal
Donate to PERC
You can help support PERC's mission of global asset building by donating via Paypal. PERC is a 501(c)3 non-profit organization incorporated in the state of North Carolina. All donations are tax deductible.
Asia-Pacific Credit Coalition
APCC is a PERC-managed coalition committed to promoting a regional standard for full-file, comprehensive consumer credit reporting to private credit bureaus within the 21 Asia-Pacific Economic Cooperation (APEC) member economies. Please visit PERC's coalition for credit standards in the APEC region, the Asia-Pacific Credit Coalition
Support the Alternative Data Initiative!Click here to view our ADI sign-on letter
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