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| Ranking |
Good Idea |
| Description |
The mission of Credit Builders Alliance (CBA) is to help low and moderate income individuals build their credit and access conventional financing.
Reporting on-time loan payments is a cost effective way to help people build their credit, which can lead to lower interest rates and eventually asset building and financial self-sufficiency. Thus, CBA has worked to develop a relationship with various community lenders in order to ensure that these on-time payments are properly reported to the credit bureaus.
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| Goal / Mission |
The mission of Credit Builders Alliance is to help low and moderate income individuals build their credit and access conventional financing. |
| Results / Accomplishments |
The Credit Builders Alliance has succeeded in helping many of their clients graduate from no credit score to a credit score of 699 in just six months. |
| Categories |
Economy / Investment & Personal Finance
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| Organization(s) |
Credit Builders Alliance |
| Date of Implementation |
2006 |
| Geographic Type |
Urban |
| Location |
City: Washington, D.C. |
| Primary Contact |
1200 G Street NW, Suite 400
Washington, D.C. 20005
(202) 730-9390
info@creditbuildersalliance.org
http://www.creditbuildersalliance.org/
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| Target Audience |
Adults, low-income |
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