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Elevate Credit (NYSE: ELVT) and SpringFour have released a study examining the COVID-19 pandemic's financial impact on American households. Key findings reveal that 20% of respondents faced job losses, primarily due to the pandemic. Non-prime consumers utilized stimulus funds mainly for essentials like food and housing, while prime households tended to save. This highlights the financial instability among non-prime demographics and the need for enhanced support from financial institutions. Elevate has originated $9.2 billion in non-prime credit, aiding over 2.6 million consumers.
Elevate Credit, Inc. (NYSE: ELVT) announced attendance at two upcoming investor conferences. The 10th Annual Gateway Conference will take place on September 8, 2021, featuring key executives, including CEO Jason Harvison. Following this, Elevate will participate in The JMP Securities Fintech Forum on September 10, 2021. Elevate has originated
Elevate Credit, Inc. (NYSE: ELVT) has announced significant changes in its leadership, appointing two new Board members and several executive leadership roles. Michael Pugh and Manuel Sanchez will join the Board to enhance corporate governance and strategic direction. Chris Lutes is transitioning to Chief Strategy Officer, while Chad Bradford serves as interim CFO. Scott Greever has been promoted to COO, and Eddie Combs joins as CMO to focus on digital marketing efforts. These changes aim to position Elevate for growth with new product offerings and lower APR solutions.
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.
Elevate Credit, Inc. (NYSE: ELVT) will release its Q2 2021 financial results after market close on August 3, 2021. CEO Jason Harvison and CFO Chris Lutes will host a conference call at 5:00 pm ET to discuss these results. Elevate has originated $9.0 billion in non-prime credit to over 2.5 million consumers, saving customers more than $8.2 billion compared to payday loans. The company offers tech-enabled lending solutions aimed at responsible borrowing, featuring products like RISE and Elastic.
Elevate Credit, a provider of online credit solutions for non-prime consumers, has announced the permanent availability of payment assistance tools to promote financial health. These tools include grace periods, deferments, and reduced fees. CEO Jason Harvison noted that over 80,000 consumers modified their plans amidst the pandemic. Elevate has originated $9.0 billion in non-prime credit, saving customers over $8.2 billion compared to payday loans. The company remains committed to aiding consumers facing ongoing financial challenges.
Elevate Credit announced that CIO Joan Kuehl is a finalist for the 2021 National Corporate CIO of the Year ORBIE Award, recognizing excellence in technology leadership. Kuehl, who has been with Elevate since 2016, has over 30 years of experience and has significantly contributed to the company's technology strategy and innovations. Elevate has provided over $9.0 billion in non-prime credit to more than 2.5 million consumers, saving them over $8.2 billion compared to payday loans. The winners will be revealed on July 22, 2021, at the virtual National ORBIE Awards.
Elevate Credit, a leader in online credit solutions for non-prime consumers, reported its first quarter 2021 financial results. Since inception, Elevate has originated $9.0 billion in non-prime credit to over 2.5 million consumers, saving them more than $8.2 billion compared to payday loans. The company’s technology-enabled services aim to provide immediate relief and support borrowers in building better financial futures. Key products include RISE, Elastic, and Today Card. For further details, the financial results are available on their Investor Relations webpage.
