The Challenge 2017-06-14T15:20:50+00:00

WHAT WE DO: The Challenge | Our Approach | Our Impact | Vision/Philosophy

The Challenge: Financial Marginalization

We daily witness low-wage workers struggling to get by but caught in a vicious cycle of burdensome debt, poor credit, and the high costs of averting constant cash flow crises.

Our typical participant has:

  • An average income of $18,000
  • Less than a high school education
  • No banking relationship

As low-income workers in America, they turn to check cashers, predatory lenders, and high-interest credit cards for their financial needs.

As a result, our clients:

  • Spend more than $40,000 in their lifetime to turn their salary into cash by visiting check cashers instead of banks
  • Carry average debt of $14,000
  • Have subprime credit scores averaging 590