FICO Hosts Free Financial Literacy Event for Bay Area Teens During First Stop of Chelsea FC’s Summer Tour

Rhea-AI Summary

FICO, a global analytics software leader, is hosting a free Score A Better Future™ Fundamentals credit education event for teens from the Boys & Girls Clubs of the Peninsula on July 24, 2024. The event aims to educate students on personal finance and credit, including an overview of the FICO® Score, used by 90% of top US lenders.

As part of FICO's 'Fields of Financial Empowerment' partnership with Chelsea FC and the U.S. Soccer Foundation, participants will attend the Chelsea x Wrexham match for free after the workshop. This initiative is part of a nationwide tour to improve financial literacy through workshops.

The program is designed to help teens understand how FICO® Scores can impact their future and develop good financial habits. Educators at accredited middle and high schools can access the Fundamentals curriculum and materials through the Fundamentals website.

Positive

• Partnership with Chelsea FC and U.S. Soccer Foundation to promote financial literacy
• Expansion of FICO's Score A Better Future Fundamentals program to educate teens on credit and finance
• Potential for increased brand awareness and positive public relations through community engagement

Negative

• None.

FICO Teams up with U.S. Soccer Foundation to showcase FICO’s Score A Better Future Fundamentals program, aimed at educating teens on personal finance to help them successfully achieve their future financial goals

SAN JOSE, Calif.--(BUSINESS WIRE)-- Global analytics software leader, FICO, will host a free Score A Better Future™ Fundamentals credit education event for teens from the Boys & Girls Clubs of the Peninsula on July 24, 2024. This event aims to provide students with the knowledge and resources to better understand their financial health, including an educational overview on the role of credit, and the FICO^® Score, the credit score used by 90% of top US lenders to make lending decisions.

As part of FICO’s ‘Fields of Financial Empowerment’ partnership with globally renowned soccer team, Chelsea FC and the U.S. Soccer Foundation, students will also be able to attend the Chelsea x Wrexham match for free following the workshop.

The Fields of Financial Empowerment tour intends to bring wider access to financial literacy education nationwide aiming to improve credit and personal finance knowledge through a series of workshops. FICO’s Score A Better Future Fundamentals program is designed to help educate teens on how FICO^® Scores can impact them in the future and provide a foundation to develop good financial habits for their financial health.

“The goal of FICO’s credit education workshops is to highlight the importance of financial literacy to empower and encourage people to achieve their financial goals,” said Jenelle Dito, FICO Scores client services. “We’re excited to kick off the Chelsea FC U.S. summer tour in Santa Clara and engage with the community by sharing financial and credit information with participants from Boys & Girls Clubs of the Peninsula.”

Who: FICO, U.S. Soccer Foundation, Chelsea Football Club, and Boys & Girls Clubs of the Peninsula

What: Score A Better Future is a free community education and financial empowerment event by FICO in partnership with national nonprofits and Chelsea Football Club.

When: Wednesday, July 24, 2024 from 4:00-6:00 p.m. PDT.

Where: Boys and Girls Clubs of the Peninsula
East Palo Alto Clubhouse
2031 Pulgas Ave
East Palo Alto, CA 94303

To learn more about the event or get more information on FICO’s Score A Better Future Fundamentals program, visit: https://www.fico.com/sabf/.

To learn more about the partnership with Chelsea Football Club, visit: https://www.fico.com/en/newsroom/fico-kicks-national-fields-financial-empowerment-summer-tour-chelsea-football-club-and-u-s

To learn more about Boys & Girls Clubs of the Peninsula, visit: http://www.bgcp.org

Score A Better Future™ Fundamentals Helps to Bridge the Financial Literacy Gap

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. Fundamentals helps empower students with financial literacy and the knowledge to achieve their financial goals.

Educators at all accredited middle and high schools can receive the Fundamentals curriculum and supporting materials through the 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 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://x.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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240717073489/en/

Julie Huang

press@fico.com

Source: FICO

FAQ

When and where is FICO hosting the free financial literacy event for Bay Area teens?

FICO is hosting the free Score A Better Future™ Fundamentals credit education event on Wednesday, July 24, 2024, from 4:00-6:00 p.m. PDT at the Boys and Girls Clubs of the Peninsula East Palo Alto Clubhouse, located at 2031 Pulgas Ave, East Palo Alto, CA 94303.

What is the purpose of FICO's Score A Better Future Fundamentals program?

The purpose of FICO's Score A Better Future Fundamentals program is to educate teens on how FICO® Scores can impact their future, provide a foundation for developing good financial habits, and help bridge the financial literacy gap among young people.

How is FICO collaborating with Chelsea FC for this financial literacy initiative?

FICO is partnering with Chelsea FC and the U.S. Soccer Foundation for the 'Fields of Financial Empowerment' tour, which combines financial literacy education with soccer. As part of this collaboration, students attending the FICO workshop will also get free tickets to the Chelsea x Wrexham match.

Can educators access FICO's Fundamentals curriculum for their schools?

Yes, educators at all accredited middle and high schools can receive the Fundamentals curriculum and supporting materials through the Fundamentals website at https://www.fico.com/sabf/fundamentals.