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The Credit Outcome Challenge presented by Credit Builders Alliance was a 30 day national competition in April 2010 that called on all CBA members to share their collective successes. A panel of credit building experts selected three Challenge Champions and winners were announced at the CBA Member Breakfast on May 12 during the National Microenterprise Conference and Training Institute). The Challenge Champions will be posted soon!
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The Women's eNews spotlighted Kentucky Domestic Violence Association, a CBA member, for their innovative microloan program to help survivors of domestic violence to start or build a credit history. Read More>>
Check out KDVA's innovation in the Credit Builder Toolkit!
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The Annie E. Casey Foundation released its latest documentary aimed at working families trying to build financial stability and move up the economic ladder. Pursuit of the Dream: Building Credit for Life is a 20 minute short film with tips for building a good score and for avoiding money traps that can drag down credit ratings.
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CBA's Vikki Frank discussed credit on the Kojo Nnamdi show exploring consumer culture and credit monitoring – and what it means to be “credit worthy.” The radio show aired in the Washington, DC area on November 10, 2009. Listen>>
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The Center for Financial Services Innovation showcased Credit Builders Alliance’s progress as a grantee in their Nonprofit Opportunities Fund, a two-year grant from the Walmart Foundation. The Learning Brief exhibits CBA’s innovative work and how this work has connected underbanked constituents with financial services and asset-building opportunities. Read more>>
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In August 2009 the Aspen Institute released a funder guide written collaboratively by FIELD and CBA that outlines challenges faced by microenterprise programs in credit building and how funders can support their work in this area of practice. Read More >>
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FICO disclosed for the first time new information to help people understand scores. Read More>>
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The changing economy has prompted Equifax to drop their service for
selling credit reports to employers for employment screening. Read more>>
Related topics in the Credit Builders Toolkit:
Employers and Credit Fact Sheet
Employment and Credit
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by Vikki Frank,
Credit Builders Alliance Communities & Banking, Fall 2007
Federal Reserve Bank of Boston
Until now people who repaid loans from community groups had not been on credit bureaus’ radar. Now Credit Builders Alliance is partnering with Experian to help clients of community lenders build strong credit histories. Read Article >>
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