The group decided an agreed upon set of rules of what credit score decisions should look like in instances of crisis. Panelists emphasized the importance of monitoring economic information, significantly on the native stage. He described the imaginative and prescient for creating a renaissance in black lending via this elevated capital circulate. She also discussed her revolutionary R3 Score tool, a platform to help finance professionals assess the riskiness and monetary capacity of consumers with legal records. She anticipates her tool could significantly reduce the stigma of a felony record and improve an individual’s likelihood at qualifying for a mainstream financial institution mortgage. On June 18 and 19, Opportunity Finance Network hosted its eighth annual Small Business Finance Forum for almost four hundred representatives of neighborhood growth monetary institutions and other mission-pushed small business lenders and partners. Held on the JW Marriott in downtown Chicago, this year’s Forum placed a … Read More