Elevate Credit Announces RISE Scholarship Recipients | National company

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FORT WORTH, Texas – (BUSINESS WIRE) – October 5, 2021–

Increase credit, Inc. (NYSE: ELVT) (“Elevate”), a leading technology provider of innovative and responsible online lending solutions for unprivileged consumers, today announced that its largest consumer brand, RISE , named the recipients of the third annual award RISE Financial Progress Scholarship. The five selected students each received $ 3,000 and attend colleges and universities across the United States.

The RISE Financial Progress Scholarship was created to help hard-working students achieve their dreams while teaching them the tools necessary for long-term financial success. This year’s scholarship program included more than 1,000 applicants. Each student has taken an online financial literacy course and submitted an essay detailing how they plan to implement the course material into their personal life. Fellows were selected based on a clear desire to improve their financial literacy and educate others about personal finance. Recipients can use scholarship funds to help pay for educational expenses, including tuition, fees, accommodation, and textbooks.

“We instituted this scholarship program to equip future generations with the skills and tools they will need to make sound financial decisions in the years to come,” said Jason Harvison, CEO of Elevate. “It’s never too early to instill smart habits and encourage dialogue around financial well-being.

This year’s Rise Financial Progress scholarship recipients are:

Tatum Lonack, Virginia Tech

Vivian Starcheus, University of Toledo

Rachel Swick, SUNY College in Brockport

Kaiden Forest, Washington State University, Vancouver

Abby Golik, Linfield University

About RISE

Designed for the millions of unprivileged Americans who may not have access to traditional sources of credit, RISE not only provides access to credit, but its responsible lending features are also designed to help customers meet their needs. immediate financial needs and improve their long-term situation. financial futures. These features include quick credit approval, flexible loan terms, lower rates than other non-preferred lenders, rates that may drop over time, credit bureaus reports, free credit score monitoring and financial literacy courses.

About the elevation

Elevate (NYSE: ELVT), in conjunction with its banking partners, has to date provided $ 9.2 billion in unprivileged credit to more than 2.6 million unprivileged consumers and has saved its customers more $ 8.5 billion compared to the cost of payday loans. Its responsible and technological online lending solutions provide immediate relief to today’s customers and help them build a brighter financial future. The company is committed to rewarding borrowers for good financial behavior with features like interest rates that may drop over time, free financial education, and free credit monitoring. Elevate’s suite of revolutionary credit products include RISE, Elastic and Today Card. For more information, please visit http://www.elevate.com.

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CONTACT: Investor Relations:

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Where

Media inquiries:

Solebury Trout

Laurie Steinberg, 845-558-6370

[email protected]

KEYWORD: TEXAS UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES EDUCATION FINANCE OTHER EDUCATION BANK UNIVERSITY

SOURCE: Elevate Credit, Inc.

Copyright Business Wire 2021.

PUB: 05/10/2021 08: 00 / DISC: 05/10/2021 08:02

http://www.businesswire.com/news/home/20211005005364/en

Copyright Business Wire 2021.


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