STOCK TITAN

FICO and Richard Childress Racing Driver Kyle Busch to Promote Financial Literacy at Busch’s Alma Mater, Durango High School

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags

FICO, a global analytics software leader, is hosting free Score A Better Future™ (SABF) Fundamentals credit education workshops at Durango High School in Las Vegas on October 18. Kyle Busch, two-time NASCAR Champion and Richard Childress Racing driver, will participate in a workshop at his alma mater to inspire students about finances, credit, and FICO® Scores.

The initiative aims to address the financial literacy gap in the U.S., as a recent FICO survey found that 28% of Gen Z don't consider themselves financially literate. The SABF Fundamentals curriculum is available for free to all accredited middle and high schools, providing educators with materials to teach students about personal finance and credit decisions.

FICO's survey also revealed that 90% of Gen Z young adults believe their financial situation would improve with more personal finance resources and education. The FICO® Score is used by 90% of top U.S. lenders for various credit decisions, emphasizing the importance of understanding personal FICO Scores.

FICO, leader globale nel software di analytics, ospiterà gratuitamente Workshop di educazione al credito Score A Better Future™ (SABF) Fundamentals presso la Durango High School di Las Vegas il 18 ottobre. Kyle Busch, due volte campione NASCAR e pilota per Richard Childress Racing, parteciperà a un workshop nella sua alma mater per ispirare gli studenti riguardo le finanze, il credito e i punteggi FICO®.

L'iniziativa mira a colmare il divario di alfabetizzazione finanziaria negli Stati Uniti, poiché un recente sondaggio FICO ha rilevato che il 28% della Generazione Z non si considera finanziariamente alfabetizzato. Il curriculum SABF Fundamentals è disponibile gratuitamente per tutte le scuole medie e superiori accreditate, fornendo agli educatori materiali per insegnare agli studenti riguardo le decisioni finanziarie personali e il credito.

Il sondaggio di FICO ha anche rivelato che il 90% dei giovani adulti della Generazione Z ritiene che la propria situazione finanziaria migliorerebbe con maggiori risorse e educazione sulla finanza personale. Il punteggio FICO® è utilizzato dal 90% dei principali prestatori statunitensi per varie decisioni di credito, sottolineando l'importanza di comprendere i punteggi FICO personali.

FICO, líder mundial en software de análisis, está organizando talleres gratuitos de educación crediticia Score A Better Future™ (SABF) Fundamentals en la Durango High School en Las Vegas el 18 de octubre. Kyle Busch, dos veces campeón de NASCAR y piloto de Richard Childress Racing, participará en un taller en su alma mater para inspirar a los estudiantes sobre finanzas, crédito y puntajes FICO®.

La iniciativa tiene como objetivo abordar la brecha de alfabetización financiera en EE. UU., ya que una reciente encuesta de FICO encontró que el 28% de la Generación Z no se considera financieramente alfabetizada. El currículo SABF Fundamentals está disponible de forma gratuita para todas las escuelas secundarias acreditadas, proporcionando a los educadores materiales para enseñar a los estudiantes sobre finanzas personales y decisiones de crédito.

La encuesta de FICO también reveló que el 90% de los jóvenes adultos de la Generación Z creen que su situación financiera mejoraría con más recursos y educación sobre finanzas personales. El puntaje FICO® es utilizado por el 90% de los principales prestamistas en EE. UU. para diversas decisiones de crédito, enfatizando la importancia de entender los puntajes FICO personales.

FICO는 세계적인 분석 소프트웨어 리더로서, 10월 18일 라스베가스 Durango High School에서 무료로 Score A Better Future™ (SABF) Fundamentals 신용 교육 워크샵을 개최합니다. Kyle Busch는 두 번의 NASCAR 챔피언이자 Richard Childress Racing의 드라이버로, 재정, 신용 및 FICO® 스코어에 대해 학생들에게 영감을 주기 위해 자신의 모교에서 워크샵에 참여합니다.

이 이니셔티브는 미국의 재정 리터러시 차이를 해소하는 것을 목표로 하고 있으며, 최근 FICO 설문 조사에 따르면 28%의 Z세대가 자신을 재정적으로 유식하다고 생각하지 않는 것으로 나타났습니다. SABF Fundamentals 커리큘럼은 모든 인증된 중고등학교에 무료로 제공되어, 교육자들이 학생들에게 개인 재정 및 신용 결정에 대해 가르칠 수 있는 자료를 제공합니다.

FICO 설문조사는 또한 Z세대의 90%의 젊은 성인들이 더 많은 개인 재정 자원과 교육이 있다면 자신의 재정 상황이 개선될 것이라고 믿고 있다는 사실을 밝혔습니다. FICO® 스코어는 미국 주요 대출 기관의 90%가 다양한 신용 결정을 위해 사용하며, 개인 FICO 스코어를 이해하는 것이 중요하다는 점을 강조합니다.

FICO, leader mondial des logiciels d'analyse, organise des ateliers gratuits d'éducation au crédit Score A Better Future™ (SABF) Fundamentals à la Durango High School à Las Vegas le 18 octobre. Kyle Busch, double champion NASCAR et pilote de Richard Childress Racing, participera à un atelier dans son alma mater pour inspirer les étudiants sur les finances, le crédit et les scores FICO®.

L'initiative vise à combler l'écart en matière de littératie financière aux États-Unis, car une récente enquête FICO a révélé que 28 % de la génération Z ne se considèrent pas comme financièrement alphabétisés. Le cursus SABF Fundamentals est disponible gratuitement pour toutes les écoles secondaires accréditées, fournissant aux enseignants des ressources pour enseigner aux étudiants sur la gestion personnelle des finances et les décisions de crédit.

L'enquête FICO a également révélé que 90 % des jeunes adultes de la génération Z estiment que leur situation financière s'améliorerait avec davantage de ressources et d'éducation en finances personnelles. Le score FICO® est utilisé par 90 % des principaux prêteurs américains pour diverses décisions de crédit, soulignant l'importance de comprendre les scores FICO personnels.

FICO, ein weltweit führendes Unternehmen für Analysesoftware, veranstaltet kostenlose Workshops zur Kreditbildung Score A Better Future™ (SABF) Fundamentals an der Durango High School in Las Vegas am 18. Oktober. Kyle Busch, zweifacher NASCAR-Champion und Fahrer bei Richard Childress Racing, wird an einem Workshop an seiner Alma Mater teilnehmen, um die Schüler über Finanzen, Kredit und FICO®-Scores zu inspirieren.

Die Initiative zielt darauf ab, die Finanzkompetenzlücke in den USA zu schließen, denn eine aktuelle FICO-Umfrage ergab, dass 28% der Generation Z sich nicht als finanziell gebildet ansehen. Der SABF Fundamentals Lehrplan steht allen akkreditierten Mittel- und Oberschulen kostenlos zur Verfügung und bietet Lehrern Materialien, um Schülern über persönliche Finanzen und Kreditentscheidungen beizubringen.

Die FICO-Umfrage ergab außerdem, dass 90% der jungen Erwachsenen der Generation Z glauben, dass sich ihre finanzielle Situation mit mehr Ressourcen und Bildung zu persönlichen Finanzen verbessern würde. Der FICO® Score wird von 90% der führenden US-Kreditgeber für verschiedene Kreditentscheidungen verwendet, was die Bedeutung des Verständnisses persönlicher FICO-Scores unterstreicht.

Positive
  • FICO is providing free financial education workshops to high school students
  • Partnership with NASCAR Champion Kyle Busch to promote financial literacy
  • FICO offers a free credit education curriculum (SABF Fundamentals) for educators
  • FICO® Score is used by 90% of top U.S. lenders for credit decisions
Negative
  • None.

Busch joins FICO's credit education workshop to raise awareness of the importance of financial literacy for teens

Highlights:

  • A recent FICO survey finds that more than one in four (28%) members of Gen Z do not consider themselves financially literate; significantly higher than Millennials (20%), Gen X (19%), and Baby Boomers (10%).
  • 90% of Gen Z young adults state that their current financial situation would improve if they had access to more personal finance resources and education, FICO survey reports.
  • FICO offers a free credit education curriculum called Score A Better Future™ (SABF) Fundamentals that educators can adopt to help teach their students how to make more informed credit decisions.

LAS VEGAS--(BUSINESS WIRE)-- Global analytics software leader FICO will host a full day of Score A Better Future™ (SABF) Fundamentals free credit education workshops for students at Durango High School in Las Vegas, Nevada on October 18. Richard Childress Racing’s No. 8 FICO Chevrolet driver and two-time NASCAR Champion, Kyle Busch, will visit his alma mater and participate in a SABF Fundamentals workshop, helping to inspire students to learn more about finances, credit, and FICO® Scores. The free educational information provided at the event will help empower students with the knowledge, tools, and resources to gain a deeper understanding of personal finance and how to work toward financial independence.

SABF Fundamentals is designed to bridge the financial literacy gap in the U.S. A recent Harris Poll survey commissioned by FICO found that 3 in 5 Americans (60%), including 50% of Gen Z (ages 18-27), believe personal finance is one of the most useful subjects in adulthood that can be taught in high school. A quarter (25%) of Gen Z feel a lack of personal finance skills has prevented them from achieving financial goals over the past 12 months. Many Gen Z (43%) also believe that banks and financial institutions should be most responsible for educating people on how to manage their finances, such as using credit responsibly, managing debt, and saving for retirement.

“Nearly four in five Americans (79%) think personal finance skills should be part of the high school curriculum. At FICO, we are working diligently to partner with schools across the nation to help equip students with the important financial education tools and resources they need for adulthood,” said Jenelle Dito, senior director of Client Services at FICO.

WHO: FICO, Richard Childress Racing, and two-time NASCAR Champion Kyle Busch

WHY: FICO, Richard Childress Racing, and Busch are teaming up to raise awareness of the need for financial education as the essential first step to achieve financial wellness. The FICO® Score is used by 90% of top U.S. lenders who extend credit for personal loans, mortgages, auto loans, credit cards and more, which is why it is so important for people to know their personal FICO Scores and what impacts them.

WHEN: October 18, 2024

WHERE: Durango High School - 7100 W Dewey Dr, Las Vegas, NV 89113

MEDIA CONTACT: To cover the event or for questions in advance: press@fico.com

Score A Better Future™ Fundamentals

Used by 90% of the top U.S. lenders, FICO® Scores help millions of people gain access to the credit they need to do things like get an education and make major purchases. SABF Fundamentals helps empower students with free financial literacy and the knowledge to achieve their financial goals.

Educators at all accredited middle and high schools can receive the SABF Fundamentals curriculum and supporting materials through the SABF Fundamentals website, which will also provide the background knowledge and understanding for teachers to successfully educate students while strengthening their own understanding of credit.

To learn more about SABF Fundamentals visit https://www.fico.com/sabf/fundamentals.

About FICO

FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 200 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, insurance, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 100 countries do everything from protecting 4 billion payment cards from fraud, to improving financial inclusion, to increasing supply chain resiliency. The FICO® Score, used by 90% of top US lenders, is the standard measure of consumer credit risk in the US and has been made available in over 40 other countries, improving risk management, credit access and transparency.

Learn more at https://www.fico.com/en.
Join the conversation at https://twitter.com/FICO_corp & https://www.fico.com/blogs/.
For FICO news and media resources, visit https://www.fico.com/en/newsroom.
FICO and Score A Better Future are trademarks or registered trademarks of Fair Isaac Corporation in the U.S. and other countries.

Julie Huang

press@fico.com

Source: FICO

FAQ

When and where is FICO hosting the Score A Better Future™ Fundamentals workshop with Kyle Busch?

FICO is hosting the Score A Better Future™ Fundamentals workshop with Kyle Busch on October 18, 2024, at Durango High School in Las Vegas, Nevada.

What percentage of Gen Z considers themselves financially illiterate according to FICO's survey?

According to FICO's survey, 28% of Gen Z (more than one in four) do not consider themselves financially literate.

How many top U.S. lenders use FICO® Scores for credit decisions?

90% of top U.S. lenders use FICO® Scores for credit decisions on personal loans, mortgages, auto loans, credit cards, and more.

What is the name of FICO's free credit education curriculum for educators?

FICO's free credit education curriculum for educators is called Score A Better Future™ (SABF) Fundamentals.

Fair Isaac Corporation

NYSE:FICO

FICO Rankings

FICO Latest News

FICO Stock Data

49.59B
23.79M
2.25%
89.95%
2.56%
Software - Application
Services-business Services, Nec
Link
United States of America
BOZEMAN