Better Banking. Better Lives.

HOPE Consumer Lending Concentrated in Economically Distressed Communities

May 11th, 2015   

In 2014, HOPE closed over 1,674 consumer loans to support members with the purchase of automobiles, the building of credit and alternatives to payday lending.  Over 80% of the consumer loans were high- impact loans, defined as credit builder loans, loans made to low-income individuals, or loans made to individuals and families who live in low-income areas.


 

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