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exactly just How small-dollar loan programs could be a large benefit for workers (and their companies)

exactly just How small-dollar loan programs could be a large benefit for workers (and their companies)

Article Features

A fast credit program that works

Users span the earnings gamut

As system grows, loans smaller, rates of interest lower

Financial counseling is amongst the services that are many by Minnesota’s biggest nonprofit, Lutheran personal provider (LSS), and so the organization’s very own recruiting (HR) staff are often searching for approaches to support their particular workers’ monetary capacity. If they heard of TrueConnect, a course allowing companies to provide access that is quick credit with their workers, a lamp went on.

“We understand from our economic guidance work with town that there’s this requirement for usage of credit. TrueConnect ended up being an easy method we’re able to begin to fill that space for the employees that are own” said Kristine Thell, accounting supervisor at LSS.