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Build Credit Beyond Scores

Traditional credit scores do not always tell your full financial story. 

BetterFi is partnering with Giving Credit to offer a way to build a credit report that reflects character and loans missed by traditional credit reports.

By joining Giving Credit, you can document lending that happens within your trusted networks. You can then choose to share your Giving Credit Report with financial institutions — including when applying for credit from BetterFi — to help demonstrate your financial trustworthiness.

👍 Sign Up with Giving Credit

How It Works

  • Sign up for Giving Credit: Create your free Giving Credit account.

  • Build your network: Invite your friends, family, and co-workers to lend and borrow with one another without any fees or interest.

  • Report your peer loans: Do you use Venmo, Cash App, or PayPal when you lend or borrow with your friends and family? Upload your statements and we will automatically record your loans with family and friends.

  • Get Credit: Share your Giving Credit Report with BetterFi or other lenders when applying for a loan. Once approved, your BetterFi loan and repayments will be added to your Giving Credit Report.

How BetterFi Will Use Giving Credit

For now, Giving Credit’s report will be additive to BetterFi’s current underwriting, and BetterFi will use the Giving Credit platform as a source of potential new Tennessee clients for both refinancing predatory debt and providing credit builder loans.

Where available, BetterFi will provide the option for users of Giving Credit to provide their Giving Credit Report as part of a credit application with BetterFi.

Existing clients of BetterFi will be able to opt in to having their credit history with BetterFi reported to the Giving Credit platform. Adding BetterFi credit repayment history to Giving Credit will enable clients to better leverage future credit opportunities offered on Giving Credit.

BetterFi is excited to make this valuable new tool available to our community in support of their financial journeys – get started at Giving Credit!