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Church credit union community focusing on loans that are payday progress

Church credit union community focusing on loans that are payday progress

Jim is going that their company keeps readily available in money to Hope Credit Union, a black colored owned lender. Offering him on #BankingBlack had been effortless; it are priced at absolutely nothing, holds no danger yet makes a difference.

This previous post discusses why there clearly was a need; black-led nonprofits, companies, and churches had been rejected the us government backed PPP loans by white led banks in Allentown PA, site of y our very first pilot, despite healthier stability sheets and track documents. In Jackson, MS, where Hope runs, a professional 100 12 months old HBCU university like Tougaloo university ended up being rejected a PPP loan by white led banks, but got the mortgage through Hope. Continue reading Church credit union community focusing on loans that are payday progress