JPMorgan Chase & Co. Announces Two-Year, $35 Million Commitment to Improve Consumer Financial protection
Multi-year effort helps struggling customers avoid payday that is costly by giving proven, affordable monetary solutions
Previous First Lady of Ca Maria Shriver commends JPMorgan Chase when it comes to development of revolutionary approaches to assist customers re re solve economic insecurity
WASHINGTON–( COMPANY WIRE )–JPMorgan Chase & Co. today announced a two-year, $35 million dedication to assist people and families cut costs, build credit and enhance opportunities that are economic communities across the world. The funds will offer best-in-class nationwide and local nonprofit businesses utilizing the resources to simply help people find the knowledge, abilities and tools needed seriously to market monetary protection while avoiding expensive solutions like payday advances or always always check cashing outlets for support.
This commitment develops in the efforts associated with the Financial possibilities Lab SM , a different five-year, $30 million system developed earlier in the day this season by JPMorgan Chase together with Center for Financial solutions Innovation (CFSI), to spot, make sure scale revolutionary lending options and solutions to enhance monetary protection. (more…)