The event is designed to equip students with the essential tools and credit knowledge needed to confidently begin their financial journeys
FICO (NYSE: FICO)
Highlights:
- The event on November 22 features a fireside chat with Atlanta-based Tennis Star Chris Eubanks and Congresswoman Nikema Williams.
- Students attending the workshop will gain free access to valuable credit tools and financial education to support their financial literacy journey.
- 90% of Gen Z young adults state that their current financial situation would improve if they had access to more personal finance resources and education, FICO survey reports.
On November 22, 2024, global analytics software leader, FICO (NYSE: FICO), will host a Score A Better Future™ financial literacy event at Clark Atlanta University (CAU) in partnership with the CAU Office of Financial Literacy and the CAU School of Business. Students from several Atlanta area Historically Black Colleges and Universities (HBCUs) such as CAU, Morris Brown College, Morehouse College and Spelman College will have the opportunity to attend.
The event is designed to equip students with the essential tools and credit knowledge needed to confidently begin their financial journeys. Professional tennis player and Olympian, Chris Eubanks, will participate in inspirational fireside chat aimed at inspiring students to take control of their personal finances, and also will host a clinic with the CAU tennis team.
"We are proud to collaborate with FICO to offer this critical workshop that empowers our students with the financial knowledge they need to succeed in their personal and future professional lives," said George T. French, Jr., Ph.D., president of Clark Atlanta University. "Developing healthy financial habits early on is crucial in breaking down barriers and opening doors for young people. We thank FICO for providing our students with an opportunity to learn and prepare for a successful future."
A recent FICO survey found that fewer than half of Gen Z adults are checking their credit scores, and nearly one in four aren’t sure where to find this information. With 28% lacking the tools to improve their credit understanding, the need for financial literacy has never been more critical. The workshop will provide students from participating HBCUs with free information and tools to help drive education in credit, budgeting, and financial planning.
“FICO has a longstanding commitment to advancing financial literacy and empowering people through credit education,” said Jenelle Dito, senior director of Client Services at FICO. “We’re excited to engage directly with HBCUs and students to bridge the knowledge gap and create new opportunities for them to achieve their future goals.”
Congresswoman Nikema Williams is also set to attend and discuss the importance of financial literacy with the students during the fireside chat.
“Financial literacy is key to ensuring the economic mobility of young people, especially students at HBCUs. The FICO Score A Better Future program is an invaluable resource, equipping our future leaders with the skills they need to help manage their finances, build wealth, and achieve long-term success,” said Congresswoman Nikema Williams. “This initiative is a critical step in leveling the playing field and empowering the next generation of innovators and community leaders.”
To access free credit and financial education tools and resources, students can sign up for myFICO at www.myfico.com/chriseubanks.
About Score A Better Future™
Score A Better Future is FICO’s free credit education program hosted across the country to teach consumers about the key ingredients in the FICO® Score, and connect them to free, one-on-one counseling from certified not-for-profit counselors tailored to their individual financial health and goals.
About FICO
FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 200 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, insurance, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 80 countries do everything from protecting four billion payment cards from fraud, to improving financial inclusion, to increasing supply chain resiliency. The FICO® Score, used by 90% of top US lenders, is the standard measure of consumer credit risk in the US and has been made available in over 40 other countries, improving risk management, credit access and transparency.
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On November 22, 2024, global analytics software leader, FICO, will host a Score A Better Future financial literacy event at Clark Atlanta University (CAU) in partnership with the CAU Office of Financial Literacy and the CAU School of Business.
Contacts
FICO Media Contact:
Julie Huang
Press@fico.com
