Commitment to Action

Ending the Cycle of Sub-Prime

Commitment by

Elevate

In 2015, Elevate and RLJ Financial committed to identify and deploy financial tools that will help sub-prime borrowers to improve their credit scores, decrease their debt, increase their savings, and better manage their budgets and cash flow. By linking the financial literacy tools to Elevate’s existing short term credit products, the partners will identify and adapt the tools to the consumers’ needs improving the financial wellness for 60,000 sub-prime borrowers.

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Overview
Summary

Commitment

Ending the Cycle of Sub-Prime

Launched

2015

Est. Duration

3 years

Estimated Total Value

$1,000,000

Region

Northern America

Countries

United States

Commitment by

Elevate

Partner(s) of the Commitment Maker(s)

Financial Education & Literary Advisers (FELA), TransUnion Corp., RLJ Financial