Register Today for Innovations in Paying Down Debt: Lessons from Borrow Less Tomorrow (BoLT)
Tuesday, January 17, 1-2 p.m. EST (10:00 am in California)
CFED and NeighborWorks America will discuss the Borrow Less Tomorrow (BoLT) Program, a behavioral approach to helping low- and middle-income individuals and families pay down expensive debt. Using principles of behavioral economics, the BoLT Program helps consumers devise a repayment schedule and incorporates the use of peer support and reminders so that consumers both successfully pay down their debt and improve their credit scores. Developed by Innovations for Poverty Action (IPA), the BoLT Program has been implemented through several organizations including Encore Capital Group. Presenters will discuss the implementation and results of the program.
- Jonathan Zinman, Associate Professor of Economics, Dartmouth College
- Christopher Trepel, Senior Vice President, Corporate Affairs and Chief Scientific Officer, Encore Capital Group
- Genevieve Melford, Director of Research, CFED (moderator)
Presentations will be followed by a Q&A session. Click here to register now!
Did you know you can listen through your computer? Connect your speakers or a headset to your computer.
For more information, contact Lauren Stebbins.
CFED expands economic opportunity by helping Americans start and grow businesses, go to college, own a home and save for their children’s and own economic futures. We identify promising ideas, test and refine them in communities to find out what works, craft policies and products to help good ideas reach scale, and develop partnerships to promote lasting change. We bring together community practice, public policy and private markets in new and effective ways to achieve greater economic impact.
Established in 1979 as the Corporation for Enterprise Development, CFED works nationally and internationally through its offices in Washington, DC; Durham, North Carolina; and San Francisco, California.
About NeighborWorks America
NeighborWorks America creates opportunities for people to improve their lives and strengthen their communities by providing access to homeownership and to safe and affordable rental housing. In the last five years, NeighborWorks organizations have generated $20 billion in reinvestment in these communities. NeighborWorks America is the nation’s leading trainer of community development and affordable housing professionals.