Clinton Global Initiative
Washington, D.C. June 11, 2015: FELA is proud to partner with Elevate and the Clinton Foundation to identify effective solutions that improve sub-prime borrowers’ ability to improve their financial well-being. The Clinton Global Initiative will use FELA’s online financial education platform called LifeCents to test outcomes for different content and delivery methods to ultimately provide the most effective solution to consumers.
“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 Elevates 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.”