ChangeFi is the application that allows you to download your digital bank to your smartphone. The app is described as an inclusive digital banking application, aimed at those communities that live in the United States and that do not have the opportunity to have a bank account or other financial services, than according to ChangeFi are a bit reserved for an “elite” of the population.
“ChangeFi is here to bring you real change by breaking down the walls of economic inequality structural. Our inclusive digital banking and loan services offer solutions for Black, Latino and underserved people in communities and cities across the country. ”
Financial freedom is what offered by this mobile application , and advanced technology that will allow you to save, spend, make transfers, request loans, and guarantees that “there are no hidden charges.”
How does it work and what are the advantages?
The first thing you should do is download the application on your mobile phone, from ChangeFi.com From that moment you can save money, move it easily, you can receive your salary in that account or government benefits, inclus or days before the rest. You can apply for a loan . Offers free access to FDIC insurance. You will have ATMs, bill payment, direct deposit, a Visa card and other top-quality banking solutions. Offers more than 50 one thousand points for depositing cash. It does not hide commissions, it does not have monthly commission charges. In terms of loans, ChangeFi enables homeowners, small businesses and consumers to pursue their American dreams “bringing social and racial equity to banking and loans,” says one of the principles of the financial institution.
The statistics of this digital bank indicate that ChangeFi has created companies that have provided consumers and businesses those Americans more than 54. 000 millions of dollars, likewise, they have attended to more than . 05 borrowers and have provided financial services to more than two million Americans, directly and through partnerships.
Recently, announced on their website their partnership with Netflix in order to expand the ownership of African-American community housing in the United States financing of black owners, in a fair and responsible way “, they assure.
In this regard, Chris Gardner, director of The Change Company, stated that:” It is essential to eliminate the wealth gap yr Overthrowing the pattern of poverty in our black communities ”. And home ownership is a critical and necessary part of the solution.
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