Community Finance Credit Reporting
Expanding access to mainstream credit through peer lending data.
The financial system fails to meet the needs of low-income communities. There are 45 million people in the U.S. who are credit invisible, and payday lenders extract $9.1B annually.
Faced with financial exclusion, people engage in community finance. 90% of low-to-moderate income individuals borrow from their friends and family, showing their credit reliability every day.
The mainstream credit system has no visibility into the community finance market. We are on a mission to change that!
Giving Credit is the premier community finance credit reporting agency. Our mobile app:
facilitate and reward peer lending in financially
excluded communitiescollect and aggregate community finance data
partner with financial institutions to use community finance data for the underwriting of mainstream
credit products