FICO partners with leading national small business organizations to empower entrepreneurs through credit education

Since 2018, FICO has been inviting consumers to expand their credit education through its successful and free Score A Better Future program. This series of events gave thousands of attendees the opportunity to learn about the key ingredients that make up the FICO® Score, how credit scores are used in credit decisions by lenders, as well as myths and facts about FICO® scores, which are used by 90% of major US lenders.

Continuing FICO’s unwavering commitment to financial education and empowerment, FICO, alongside its national partners, builds on the success of the nationwide event series by inviting small business owners to attend Mark a better future | Small business at June 24. The session will focus on demystifying FICO® scores and empowering participants with personal finance knowledge to achieve their business goals, such as how to receive a low interest loan and what to do next. in the event of a financial crisis.

“Small Business Roundtable is delighted to partner with FICO for the Score a Better Future educational event for small businesses, and we are also delighted to share this honor with members of the SBR, the National Association of Women Business Owners and the United States Hispanic Chamber of Commerce. . As our country continues to recover, access to capital remains a major issue for American entrepreneurs. Good credit is paramount to ensuring that business owners can succeed and grow their business, ”said John stanford, Co-Executive Director of Small Business Roundtable.

Recognizing that 75% of small business owners depend on personal capital to finance their business (United States Census), FICO is committed to expanding its financial education resources to those seeking to become owners of small businesses that are the backbone of the U.S. economy. More than 30 million small businesses existed in 2020 and employ more than 60.5 million workers, or 47% of United States labor (SBA).

Financial literacy is extremely important to our community of women entrepreneurs as they work through every step of their business, and understanding their FICO score and how to leverage it is a big part of that,” said Jen earle, CEO of the National Association of Women Entrepreneurs. “NAWBO is proud to partner with FICO to provide credit education to entrepreneurs across our country to help them propel their success. “

“FICO offers small business owners the opportunity to acquire the resources necessary to improve their personal finance knowledge. Our organization represents over 4.7 million Hispanic businesses and we are excited that FICO is sharing key credit information and resources with our vibrant community. mentionned vs. LeRoy Cavazos-Reyna, vice-president of government and international affairs, United States Hispanic Chamber of Commerce.

Other national partners supporting the event include:

  • Consumer action
  • Operation Hope
  • Diverse resource network
  • national Urban League
  • National Consumer League
  • National Association of Real Estate Brokers

To register for the event or get more information about the Score A Better Future program, visit http://www.scoreabetterfuture.com/

Who: FICO, SBR, NAWBO and USHCC

What: Score A Better Future is a free community education and financial empowerment program from FICO in partnership with national nonprofits, consumer advocates, credit educators and community leaders.

When: Thursday 24 June 2021 from 2:00 p.m. EDT

Or: http://www.scoreabetterfuture.com/ (Virtual link to webinar provided during registration)

About FICO
FICO (NYSE: FICO) makes decisions that help people and businesses around the world thrive. Founded in 1956 and headquartered in Silicon Valley, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 200 U.S. and foreign patents on technologies that increase profitability, customer satisfaction, and growth for companies in financial services, telecommunications, healthcare, retail and many other industries. . Using FICO solutions, businesses in more than 100 countries do everything from protecting 2.6 billion payment cards from fraud, to helping get credit, to providing guarantees. that millions of planes and rental cars are in the right place at the right time. Learn more about http://www.fico.com.

Join the conversation on https://twitter.com/fico, and https://www.instagram.com/ficoscoreabetterfuture/.

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