PFS has witnessed the hardships of the pandemic for so many in our community. The services PFS provides to our program participants are more important than ever, especially now that the demand for financial empowerment resources has skyrocketed. We will continue to offer financial education, affordable auto loans, banking alternatives, and money management tools. These services help participants build savings and improve their credit scores, which increases their financial knowledge and well-being.
Increased Credit Scores for Stability
Cindi has engaged in our Financial Empowerment programs for years. She has participated in financial education workshops, Lending Circle program, and is the proud owner of an excellent quality used and reliable car thanks to a DriveForward auto loan from PFS. Throughout her participation in many services, she has achieved her goal of increasing her credit score.
Most participants come to PFS with an average credit score of 546 or no score at all. Together, we set goals to improve an individual’s score. When participants reach their goal of over 700, more opportunities open.
Find out about all of the tools and resources we have to support our community in building credit, HERE.