TF Holdings Announces Launch of New Latin Community-Focused Loan Company, Rely Credit
Rely Credit is focused on offering financial products to meet the unique borrowing needs of members of the Latin community in United States. Despite being one of the fastest growing demographics in America, members of the Latin community are three times more likely to be underbanked than other consumers, according to the Federal Reserve. Rely Credit will focus on this need by providing Latino consumers with affordable, fast and convenient access to the funds they need – at the participating partner stores they visit today.
Martin J. Wong, Chairman and CEO of TF Holdings, Inc. said, “We know that applying for a loan and taking the first step in establishing credit can be difficult and often an emotional process. the expertise and willingness of our partners to provide a simple, convenient and more inclusive borrowing experience for this community. “
Everyone deserves fair access to credit, regardless of their credit experience. Rely Credit will be the financial entry point for Latino consumers who may have been overlooked by traditional lenders. With our simplified, affordable products and the trust our business partners have built in their communities, we can help these customers earn the credit they deserve as they work to build their American Dream.
About TF Holdings, Inc.
TF Holdings, Inc., through its subsidiaries, provides credit and financial wellness tools to consumers and licenses loan origination, risk underwriting and loan management software to lenders. The company’s activities serve consumers and lenders with a portfolio of innovative products, including Credit Jora, Echo credit, Rely Credit, Thinkflow, iQ Decision Engine and the Cortex loan management platform. TF Holdings, Inc. is based in Irving, Texas.
SOURCE TF Holdings, Inc.