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Esusu Creates Over $46.9 Billion in New Credit Tradelines for Renters Across the Country

GlobeNewswire LogoGlobeNewswire2d ago

Esusu Creates Over $46.9 Billion in New Credit Tradelines for Renters Across the Country - GlobeNewswire

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"Through on-time rent reporting, families have unlocked critical pathways to economic mobility—gaining access to cars, education, homeownership, and other essential resources that drive wealth creation and resilience in today’s evolving landscape.​​With the launch of myEsusu, we are poised to further expand these opportunities and build a more equitable financial future for all.” In an effort to reach more renters, Esusu recently launched myEsusu, a credit-building membership designed to empower renters by removing financial barriers and providing access to wealth-building opportunities, available on the free Esusu app (iOS and Android).

The nation's leading rent reporting and financial wellness platform established 189K+ credit scores and launched its first direct-to-consumer productNEW YORK, Dec.19, 2024 (GLOBE NEWSWIRE) -- Esusu, the fintech platform leveraging rental data to close the racial wealth gap, released its 2024 Year in Review Data Report today, showcasing record-breaking achievements in advancing financial inclusion and reducing housing barriers for working families.

As of September 2024, Esusu renters have experienced the following positive outcomes: 257,438 auto loans accessed, totaling more than $8.6 billion84,827 student loans accessed, totaling more than $2 billion63,232 mortgages accessed, totaling more than $29.1 billion "In a year marked by increased economic uncertainty, Esusu remains committed to empowering renters nationwide with access to quality financial resources,” said Samir Goel and Wemimo Abbey, Co-Founders of Esusu.

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Article Details

Author / Journalist: Esusu Financial Inc.

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-19 @ 19:42:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 398 words

Reading Time: 3 minutes read

Sentences: 12 lines

Sentence Length: 34 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 24556513

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About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Year Established: 1998

Headquarters: China

News Last Updated: 1 days ago

Coverage Areas: China

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #116

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