40% of American Households do not have basic savings.

One in five (22.5%) jobs in the U.S. are in low wage occupations.

Despite wage and job growth, People of Color experience unemployment and poverty at significantly higher rates than White workers and households.

One in five household (20.1%) experience income volatility.

Nearly one in four (24.3%) Black households and 16.9% of Latino households fall behind on bills compared to 10.4% of White households.

40% of households lack a basic personal safety net to sustain them during a financial crisis. 

51.9% of consumers have prime credit scores- which means 50% of people with credit files in the U.S. cannot access credit at affordable (lower) interest rates.

35.9% of Black home buyers and 31.2% of Latino home buyers did not use mainstream credit, resulting in subprime lenders, i.e., higher interest home loans.

One-third of Black and Hispanic household are "unbanked"(not served by a bank or similar financial institution).

Fewer than half (45.7%) of Black and (48.2%) of Latino households saved for an emergency (financial or related) versus 62.4% of White households.