Boston Builds Credit has awarded its first seal of approval to the FAIR Credit Builder, a special low-risk loan designed to help users demonstrate a positive payment history and build good credit.
Credit-building initiative completes first year, makes public push
For many Boston residents, “credit” can be a scary word. A reminder of money mistakes. A score to avoid. A part of an inscrutable financial system. Roxbury resident Cynthia Jones had gotten to the point of dreading her mail. “When
Faces of America Saves Week
Meet some of the Boston residents who took advantage of free events during America Saves Week. Similar events are available year-round – click the links below to learn more! Name: Tiffany Event: Bank on Boston Experience: Tiffany, 19, had never had
City of Boston celebrates America Saves Week
The City of Boston and the Mayor’s Office of Financial Empowerment are holding a series of free financial empowerment events for residents as part of America Saves Week, a national campaign to promote saving that runs from February 26 to
New program to help residents boost their credit scores
A key wedge driving the gap between Boston’s affluent and low- and middle-income residents is credit. While good credit opens the door to low-cost loans, poor or no credit can make innumerable life transactions more expensive, from car loans to
Mayor Walsh announces credit-building and banking initiatives
On Tuesday Mayor Martin J. Walsh announced the launch of two new programs to help low- and middle-income families grow their wealth: Boston Builds Credit and Bank On Boston. “In Boston, we believe that a great city is one that