Aspen is a place for leaders to lift their sights above the possessions which possess them. To confront their own nature as human beings, to regain control over their own humanity by becoming more self-aware, more self-correcting, and hence more self-fulfilling.

Walter P. Paepcke, Aspen Institute Co-Founder
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Publications

Asset Building through Credit Pilot

January 1, 2013
Economic Opportunities Program

Elaine Edgcomb

Strategic Advisor

Joyce Klein

Senior Director

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This paper presents the first set of findings from the Asset Building through Credit Pilot program, a demonstration that explored the use of secured credit card, teamed with credit coaching, as a tool to help entrepreneurs to build their credit. The program was managed by FIELD, in partnership with Justine PETERSEN, with financial support provided by the Citi Foundation. The first publication focused on learnings on critical issues relating to the practice of delivering a secured card, including the ideal customer profile, card approval rates, the demographic and credit profiles of cardholders at the time of application and preliminary findings on credit score outcomes.

 

Learn more about the Asset Building through Credit Pilot

 

Publications

Client Gains in Credit Scores and Financial Capability

The second publication in this series highlighting the findings from the Asset Building through Credit Pilot details the outcomes of 385 secured cardholders in terms of credit scores and financial behaviors.

Publications

Building a Sustainable Business Model

The third and final publication from the Asset Building through Credit pilot explores how to sustain delivery of a secured credit card teamed with credit coaching.