Overcoming Barriers to Financial Services for Underserved Communities

Our weekly #CreditChat started in 2012 to help our community learn about credit and important personal finance topics (e.g. saving money, paying down debt, improving credit scores). Each chat is hosted by @Experian on Twitter and all are welcome to participate. DM us any questions.

This week, we will be discussing financial inclusion and financial resources for underserved communities.

Topic: Overcoming Barriers to Financial Services for Underserved Communities

When: Wednesday, February 17, 2021 at 3 p.m. ET.

Where: Twitter chatroom or join the live hashtag discussion.

The panel will include Credit Builder’s Alliance; Kembala Evans: Personal Finance Expert, speaker and author; Jorrell Bland: Client Services Manager, Mitlin Financial; Emily Guy Birkin: Financial Expert and Author of The Five Years Before Your Retire; Allison Kroner: Director, Boston Builds Credit at United Way of Massachusetts Bay; Melyssa Barrett: host of the Jali Podcast and co-author of the Credit Repair Kit for Dummies; Rod Griffin: Senior Director, Consumer Education and Advocacy, Experian; Christina Roman: Consumer Education and Advocacy Manager at Experian.

Gift card Giveaway

Enter here for a chance to win a $50 Amazon gift card!  Make sure to tweet out this page with the #CreditChat hashtag. We will be announcing a winner at the end of the chat. Entry Period: Raffle open now and closes at the end of this chat at 4 p.m. ET. Complete rules here.

Questions We’ll Discuss:

Q1. What are some barriers to financial services that people in underserved communities face?
Q2. What does it mean to be “unbanked?”
Q3. What are the difficulties involved with being unbanked?
Q4. How can financial institutions help people in underserved communities overcome the barriers they face?
Q5. How can financial literacy help those in underserved communities?
Q6. What are some resources available to help people in underserved communities learn more about credit and finances?
Q7. What is a thin file?
Q8. How can consumers gain access to their credit reports and scores?
Q9. What are some ways to increase your credit score if you have don’t have many credit accounts?
Q10. Any final tips for ways to help underserved communities?

Check out our complete list of upcoming personal finance Twitter chats here.