Citigroup Joins Industry Effort to Lend to People Without Credit Scores


Citigroup is becoming a member of a government-sponsored effort to increase entry to credit score in underserved communities.

The financial institution is launching two pilot applications early subsequent yr underneath the Workplace of the Comptroller of the Forex’s Undertaking REACh, or Roundtable for Financial Entry and Change. One program will difficulty bank cards to folks with out credit score scores, whereas the opposite will make it simpler for small companies owned by minorities, ladies and veterans to get credit score.


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