FICO to Empower Entrepreneurs with Credit Education Partners with Leading National Small Business Organizations
FICO | July 20, 2021
Leading analytics software firm FICO partners with preeminent small business organizations, Small Business Roundtable (SBR), National Association of Women Business Owners (NAWBO), and the United States Hispanic Chamber of Commerce (USHCC). Its Score A Better Future program aims to provide essential credit knowledge to entrepreneurs.
FICO has been inviting consumers to broaden their credit education since 2018 through its successful, free-to-attend Score A Better Future program. This event series has given thousands of attendees the opportunity to learn about the key components of the FICO® Score, how credit scores are used in lending decisions, and the myths and facts about FICO® Scores, which are used by 90% of top U.S. lenders.
FICO, along with its national partners, is building on the success of the nationwide event series by inviting small business owners to attend Score A Better Future | Small Business on June 24. The session will focus on demystifying FICO® Scores and arming attendees with personal finance knowledge to help them achieve their entrepreneurial goals, such as how to get a low-interest loan and what to do during a financial downturn.
FICO is committed to expanding its financial education resources to individuals aspiring to own small businesses, which are the backbone of the US economy.
Other national partners supporting the event include:
• Consumer Action
• National Urban League
• Operation Hope
• National Consumers League
• Diversified Resource Network
• National Association of Real Estate Brokers
FICO drives decisions that benefit people and businesses all over the world. The company, founded in 1956 and headquartered in Silicon Valley, is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO owns more than 200 US and foreign patents on technologies that improve profitability, customer satisfaction, and growth for companies in financial services, telecommunications, health care, retail, and a variety of other industries. Businesses in over 100 countries use FICO solutions to protect 2.6 billion payment cards from fraud, assist people in obtaining credit, and ensure that millions of airplanes and rental cars are in the right place at the right time.