Tom Henderson
- Southwest Solutions, J.P. Morgan Chase & Co. and Mission Asset Fund announced Thursday that they have launched Lending Circles, a new loan program that allows Detroit residents to build credit through zero-interest loans. Participants will make monthly payments on loans ranging from $300 to $2,500. All payments will be reported to credit bureaus, enabling participants to build a credit history and raise credit scores. “More than 30 percent of the people we’ve assisted with their
Tom Henderson
- Southwest Solutions, J.P. Morgan Chase & Co. and Mission Asset Fund announced Thursday that they have launched Lending Circles, a new loan program that allows Detroit residents to build credit through zero-interest loans. Participants will make monthly payments on loans ranging from $300 to $2,500. All payments will be reported to credit bureaus, enabling participants to build a credit history and raise credit scores. “More than 30 percent of the people we’ve assisted with their