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ELVT - ELVT STOCK NEWS

Welcome to our dedicated page for ELVT news (Ticker: ELVT), a resource for investors and traders seeking the latest updates and insights on ELVT stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ELVT's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ELVT's position in the market.

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Elevate Credit, Inc. (NYSE: ELVT) announces collaboration with Central Pacific Financial Corp. (NYSE: CPF) as it expands into mainland U.S. through a new fintech venture, Swell. Swell will launch a consumer banking app integrating checking and credit services, with Elevate’s Blueprint™ platform offering personal lines of credit at APRs below 24%. Elevate will also invest equity in Swell, aiming to meet growing demand for flexible banking solutions. Central Pacific Bank leverages Elevate's tech to enhance its Banking as a Service (BaaS) initiative following its successful digital checking account launch.

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Elevate Credit, Inc. (NYSE: ELVT) announced the immediate appointment of Jay Bray to its Board of Directors. With over 25 years in financial services, Bray, currently CEO of Mr. Cooper Group, will provide valuable insights to Elevate's leadership. His experience includes growing Mr. Cooper into the largest non-bank mortgage servicer and leadership roles at Bank of America. Elevate has provided $9.5 billion in non-prime credit, saving customers $8.8 billion compared to payday loans, showcasing its commitment to responsible lending.

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Elevate Credit, Inc. (NYSE: ELVT) has announced that CEO Jason Harvison and Interim CFO Chad Bradford will participate in two upcoming investor conferences. The Stephens Annual Investment Conference is set for December 1, 2021, at the Omni Hotel in Nashville, TN, featuring a fireside chat at 10:00 am ET. They will also attend the Jefferies Consumer Finance Conference on December 9, 2021, in New York, NY, for 1x1 investor meetings. Elevate has originated $9.5 billion in non-prime credit and saved customers over $8.8 billion compared to payday loans.

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Elevate Credit, Inc. (NYSE: ELVT) will present at the Southwest IDEAS Conference on November 18, 2021, at the Westin Dallas Downtown Hotel. CEO Jason Harvison and Interim CFO Chad Bradford will speak at approximately 9:45 AM ET and are available for one-on-one investor meetings. A live webcast of the presentation will be available, and interested participants can register here. For details, visit the investor relations site.

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Elevate Credit, Inc. (NYSE: ELVT) reported its financial results for Q3 2021, highlighting its commitment to providing responsible online credit solutions for non-prime consumers. To date, Elevate has originated $9.5 billion in non-prime credit, saving customers over $8.8 billion compared to traditional payday loans. The company emphasizes rewarding good financial behavior with features like decreasing interest rates and free financial services. A conference call to discuss the results is scheduled for November 2, 2021, at 4:00 pm CT.

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Elevate Credit, Inc. (NYSE: ELVT) will release its Q3 2021 financial results after the market closes on November 2, 2021. CEO Jason Harvison and Interim CFO Chad Bradford will host a conference call at 5:00 PM ET to discuss the results. The company has originated $9.2 billion in non-prime credit to over 2.6 million consumers and saved customers more than $8.5 billion compared to payday loans. Interested parties can join the call via phone or through Elevate's Investor Relations website.

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Elevate Credit, Inc. (NYSE: ELVT) has announced a $50 million financing facility that can be increased to $100 million to support the growth of its Today Card product, aimed at non-prime consumers. This facility, provided by Park Cities Asset Management, is expected to lower Elevate's overall cost of capital. CEO Jason Harvison highlighted the increasing demand for the Today Card, marking it as the fastest-growing brand over the past year. Elevate has originated $9.2 billion in non-prime credit and saved customers over $8.5 billion compared to payday loans.

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Elevate Credit (NYSE: ELVT) has awarded the RISE Financial Progress Scholarship to five students, each receiving $3,000. This scholarship aims to enhance financial literacy among high school students, with over 1,000 applicants this year. Each recipient completed an online financial literacy course and submitted an essay on applying the knowledge gained. The program, introduced to foster financial skills for future generations, emphasizes the importance of making sound financial decisions. Elevate has originated $9.2 billion in non-prime credit to over 2.6 million consumers.

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Elevate Credit (NYSE: ELVT) has surpassed $500 million in combined loans receivable, showcasing significant growth amidst rising consumer credit demand. The CEO, Jason Harvison, revised the year-end projection to $545 million to $575 million, reflecting optimism in the company's performance. Elevate's strategic initiatives, including their new Blueprint platform, have effectively targeted non-prime consumers. However, challenges remain, including increased origination costs and potential market risks.

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ELVT

NYSE:ELVT

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