Millions live in the financial shadows
When hardworking families can’t get car loans or own homes, they turn to payday lenders and check cashers to make ends meet. High-cost fringe financial services trap people in a cycle of debt, preventing hardworking families from unlocking their full economic potential.
45 million people are without access to affordable credit. 16 million people don’t have access to bank accounts.
1 in 4 families turn to fringe financial services for their daily needs.
Being invisible costs more. Payday lenders charge 391% to 521% interest for payday loans.
We meet hardworking families where they are.Then we build on what they have.
the solution is simple
The solution can be found in the hidden strengths of communities across the country. People come together to lend and borrow money with each other. We connect this practice with the financial system so that borrowers can build credit and a brighter future.
People lend and borrow with each other all the time. We recognize this practice and use credit reporting to make it visible.
We help people navigate the financial marketplace and develop programs that transform everyday financial practices into savings and credit building opportunities.
We use technology to expand our programs nationwide. With a network of nonprofit providers, we are able to help low-income people across the country.
Learn how this group of passionate MAF advocates is fundraising and friendraising for justice
Lending Circles clients' Edgar and Gustavo's journey to bring their family together
She’s a bilingual UI developer and ping pong pro who’s passionate about using tech for good.
Simple steps to prevent an immigration-related emergency from becoming a financial one
as seen in
If immigration agents show up at a worksite, employers don't have to let them in.
Heightened fear among undocumented immigrant workers may have a chilling effect on consumer spending.
Immigrants are fearful and retreating back into the shadows. This has a real economic impact.
How the immigrant community can respond to increased enforcement: advocates weigh in
It’s not enough to feel good about the work we do. We care about having a real, tangible impact. That’s why we validate our programs through third-party research. This way, we measure our impact and use data to improve our programs.
We believe everyone deserves a shot at success. Join us in making the financial system work for everyone.
Sign up for our email list
We’ll fill up your brain (but not your inbox) with interesting stories, the latest news, and ways to stay involved.
Connect with us! Find out what we're up to and how you can be involved!
Investing $100 generates $4,000 in social loans helping families build credit and a better future.donate