Let’s be Better.
Nearly 82,500,000 people in the United States, 2,000,000 people in Tennessee, and 4,120 people in Grundy County are either unbanked or underbanked. Without BetterFi, they can pay over 400% in annual interest and fees to predatory lenders.
You can help us build something Better and, by donating between now and midnight November 2nd, be entered into our BetterFi Homecoming Sweepstakes for a chance to win two nights at the Edgeworth Inn or a gift card to the University of the South Bookstore. Official rules here.
Every donation serves as a social impact investment in expanding the BetterFi financial assistance pilot in rural Tennessee, providing a model for affordable capital and a route out of dependence on predatory lending. As a 501(c)(3) non-profit, we have no share-holders; every donation goes to making more affordable loans and coaching possible to vulnerable individuals and families.
Why these amounts?
$14 — the interest and fees on a yearlong, $100 BetterFi loan.
$22 — typical monthly charge on a predatory Tennessee car title loan or payday loan.
$44 — typical charge over 2 months on a $100 predatory loan.
$80 — a nice number.
$174 — typical interest and fees alone on a predatory $100 Tennessee loan.
$274 — interest and fees alone over a year on a $100 predatory ‘flex loan.
A yearly donation subscription at or over $10/month will get you a free t-shirt or sweatshirt every year as well as future recurring supporter tees.
Help us provide finance as a tool for the empowerment and benefit of people rather than their detriment. Donate and then spread the word with us on social media.
Learn more about our program and work on the rest of our website and consider setting BetterFi as your smile.amazon.com charity.
All donations are tax deductible, and you will immediately receive an email receipt of your donation after giving. BetterFi is a 501(c)(3) charitable organization, EIN 82-3083483. All contributions are tax deductible. No goods or services will be provided in exchange for the contribution.