Doing Well by Doing Good

“Over half of American households would not be able to cover a $400 emergency expense without selling something or borrowing money,” reports the Center for Financial Services Innovation.  You can download their full report at their site documenting their infographic below.

 PaySound^® is a digital payments and small loan cloud-based technology platform offered through financial institutions. The accounts serves consumers who have the ability to repay with safe with affordable access credit with or without a credit score.  It grows revenue 30% for financial institutions while not cannibalizing any existing revenues.  But best of all, it allows your financial institution to serve the 100 million Americans who need affordable credit services that are not offered them today, as discussed below by Whitney Bishop, the PaySound^® Financial Empowerment Coach.