In the United States, the foundational systems that financial health are built on – credit scores, savings, debt reduction, investments and homeownership – are complex, confusing and require long term investments to work towards large financial goals such as achieving homeownership or funding retirement. Further, financial knowledge is often passed down from family members, preventing people who are not born into wealthy families from having equal access to valuable financial education.
We see this playing out as 77% of Americans state they are anxious about their financial situation. Further, renters are seven times more likely than homeowners to lack a credit score, making it nearly impossible to get approved for a home mortgage, access first-time homeownership, and build wealth. Outside of family advice, it is hard and overwhelming to find high quality and personalized financial coaching that is credible and in-depth enough to truly make a difference in financial health outcomes.
We’re committed to building the leading platform to support renters in advancing financial health and are excited to announce a partnership with Operation HOPE, the nation’s leading non-profit in financial literacy and economic inclusion. We have seen that access to individualized coaching and financial education can have significant impacts on individuals’ ability to build generational wealth.
Renters in Esusu properties can access Operation HOPE’s individualized financial education, one-on-one coaching, and financial literacy courses at no cost to them. Working with a dedicated coach, renters will learn proven techniques to reduce debt, increase savings, increase credit scores, create budgets, review credit reports, and create action plans.
Operation HOPE services focus on a variety of financial topics including:
- Financial Coaching Sessions: Aspirational Goals, Needs Assessment, Credit, Money Management, Homeownership, Foreclosure Prevention, Financial Budget/ 700 Credit Score Improvement Action Plan, Earn Income Tax Credit
- Group Workshops: Credit Scores, Money Management, Home Buying, Small Business, Financial Disaster Preparation
- Additional Services: Financial Wellbeing Survey, Complimentary Credit Reports, Referrals for Bank Accounts, Mortgage, Auto, Consumer Loans, Unsecured and Secured Credit Cards
Operation HOPE has a proven track record of coaching renters to achieve tangible improvements to their financial health.
After working with Operation HOPE coaches, thousands of clients achieved:
- An average credit score increase of 41 points
- Over $1.1K median increase in savings
- Over $1.8K median decrease in debt
- Over $1B in mortgage funding secured
Ready to Learn More?
Renters
in Esusu-Enrolled Properties
Create or sign in to your Resident Portal Account to join the waitlist.
Properties
Enrolled in Esusu
Contact your account manager or sales@esusu.org so our team can provide more information.