Elevate Credit Second Quarter 2021 Earnings Release Available on Its Investor Relations Website

Rhea-AI Summary

Elevate Credit, a tech-enabled provider of online credit solutions, announced its Q2 2021 financial results. The company has originated $9.2 billion in non-prime credit for over 2.6 million consumers and saved clients over $8.5 billion compared to payday loans. Elevate emphasizes responsible lending and offers features such as decreasing interest rates and free financial training. The Q2 earnings conference call is scheduled for August 3, 2021, at 4:00 PM CT. For further details, visit Elevate's Investor Relations site.

Positive

• Originated $9.2 billion in non-prime credit to over 2.6 million consumers.
• Saved customers more than $8.5 billion compared to payday loans.
• Offers features like decreasing interest rates and free financial training.

Negative

• None.

Elevate Credit, Inc. (“Elevate”), a leading tech-enabled provider of innovative and responsible online credit solutions for non-prime consumers, today announced financial results for the second quarter 2021. Elevate has posted its release to its Investor Relations webpage at http://investors.elevate.com/press-releases.

Conference Call

The Company will host a conference call to discuss its second quarter 2021 financial results on Tuesday, August 3, at 4:00 pm Central Time / 5:00 pm Eastern Time. Interested parties may access the conference call live over the phone by dialing 1-877-407-0792 (domestic) or 1-201-689-8263 (international) and requesting the Elevate Credit Second Quarter 2021 Earnings Conference Call. Participants are asked to dial in a few minutes prior to the call to register for the event. The conference call will also be webcast live through Elevate’s Investor Relations website at https://investors.elevate.com/corporate-profile/.

An audio replay of the conference call will be available approximately three hours after the conference call until 11:59 pm ET on August 17, 2021, and can be accessed by dialing 1-844-512-2921 (domestic) or 1-412-317-6671 (international), and providing the passcode 13721164, or by accessing Elevate’s Investor Relations website.

About Elevate

Elevate (NYSE: ELVT), together with the banks that license its marketing and technology services, has originated $9.2 billion in non-prime credit to more than 2.6 million non-prime consumers to date and has saved its customers more than $8.5 billion versus the cost of payday loans. Its responsible, tech-enabled online credit solutions provide immediate relief to customers today and help them build a brighter financial future. The company is committed to rewarding borrowers’ good financial behavior with features like interest rates that can go down over time, free financial training and free credit monitoring. Elevate’s suite of groundbreaking credit products includes RISE, Elastic and Today Card. For more information, please visit http://corporate.elevate.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210803006078/en/

FAQ

What were Elevate Credit's Q2 2021 financial results?

Elevate Credit announced its Q2 2021 financial results on August 3, 2021, detailing significant credit origination and customer savings.

How much credit has Elevate originated to date?

Elevate has originated $9.2 billion in non-prime credit to over 2.6 million consumers.

When is Elevate's conference call for its Q2 2021 results?

Elevate's Q2 2021 conference call is scheduled for August 3, 2021, at 4:00 PM Central Time.

What savings did Elevate provide to its customers?

Elevate has saved its customers more than $8.5 billion compared to the cost of payday loans.