Say buh-bye to
loop
or build
savings + credit
BetterFi is a non-profit 501(c)(3) economic justice enterprise and certified Community Development Financial Institution (CDFI).
We provide affordable installment loans and complementary financial programming like coaching as a pathway out of debt traps and toward financial fitness.
Together we can #ENDPREDATORYLENDING.
Terms between 6 and 18 months with max APR of 28%.
💸 Pay less each month
💰 Pay less overall
📈 Build your credit score
🏁 Actually pay off that loan
$3,204,210
saved by our clients so far.
Combating predatory lending one loan at a time.
Tennessee is home to nearly 2,000 predatory lenders.
And Tennesseans have more than 360,000 predatory loans.
Tens of thousands of households across the state rely on alternative financial services such as payday, car title, flex, or tribal loans that can carry an effective annualized interest-and-fee rates as high as 460%.
Imagine borrowing a $2,000, paying more than $8,000 over the course of a year and a half, and finding out you haven’t paid down the loan by one cent.
Our neighbors are one more unexpected emergency expense away from financial catastrophe.
Combating predatory lending one day at a time.
Any amount you can spare helps us become a sustainable size and #ENDPREDATORYLENDING.
