We want to create a better tomorrow by making a positive change in the world. One of our core tenets is to close the financial wealth gap of the world’s underserved communities.
Experian supports the Pan-Asian community and is proud to partner with Ascend. Hear from our colleagues as they share what the conference theme meant to them personally and professionally.
We partner with more than 25 nonprofit and diversity organizations on key initiatives to drive systemic change in our workplace and our communities. Our partnerships focus on workforce representation, talent and financial inclusion.
We’re collaborating with nonprofits to support credit education, financial literacy and homeownership in diverse communities. In June 2022, we partnered with the National Urban League to co-present a panel discussion at the 2022 Iverson Classic on the importance of financial literacy for high school athletes. We also brought Grammy-winning recording artist Lecrae to host a Protect The Bag web series live on stage as an opportunity to address an urgent community and sports industry need.
Experian® shows up for diverse talent at partner conferences such as UnidosUS, Grace Hopper and Disability:IN. Through these partnerships, we further our commitment to the representation and development of our diverse employees and financial empowerment of the communities we represent. These partnerships provide access to new talent networks to ensure we maintain a workforce representative of our communities. They also allow us to further our mission of financial power to all through targeted financial inclusion and empowerment programs.
Innovations for clients and consumers set a standard of equity and financial inclusion in all communities in which we operate. We’re helping consumers with Experian Boost®* and Experian Go™, both free to consumers. Experian Boost has helped nearly 8 million users improve their FICO® Score^, with 6,000 users each month receiving a FICO Score for the very first time. Experian Go has created over 75,000 Experian credit reports, and it has helped more than 40,000 consumers establish an Experian credit report with an average starting FICO® Score 8 at a near-prime of 683. Experian helps underserved communities tap into opportunities that may have been inaccessible before, such as lower loan rates or financing a car.
As a leader in financial inclusion, it’s extremely important for Experian to chart the path for making credit and credit education consumable for diverse and often overlooked communities. Establishing key partnerships is an integral part of this strategy, as tapping into these organizations expands our reach and creates a platform for capturing the attention of individuals who often experience barriers to entry when it comes to financial inclusion.
Access to credit is often the most significant barrier to financial inclusion, and we recognize that closing the wealth gap is key to greater racial equity. That’s why we launched Inclusion Forward – Experian Empowering Opportunities™, an initiative to harness our data, analytics and tech expertise to help clients create and provide more affordable credit access in diverse communities.
Through The Heart of Experian, we encourage employee charitable outreach through work-time volunteer opportunities, donations, support for nonprofit organizations and more to help improve communities and foster economic growth. Last year, Experian employees globally contributed almost 25,000 volunteer hours and used our matching grant program to raise thousands for nonprofits.
In response to the global COVID-19 pandemic, we created this initiative to uplift and empower people through financial education and action. In addition to the Operation HOPE partnership, we’ve collaborated with organizations such as the UnidosUS to increase homeownership and entrepreneurship in urban communities.
* Results may vary. Some may not see improved scores or approval odds. Not all lenders use Experian credit files, and not all lenders use scores impacted by Experian Boost.
^ Credit score calculated based on FICO® Score 8 model. Your lender or insurer may use a different FICO® Score than FICO® Score 8, or another type of credit score altogether. Learn more.