Free Financial Literacy Event Hosted by FICO Comes to Columbus in Partnership with Local Partners, the U.S. Soccer Foundation, and Chelsea FC During Pre-Season Summer Tour

Rhea-AI Summary

FICO, a global analytics software leader, is hosting two free credit education events in Columbus on August 3rd, 2024: Score A Better Future™ (SABF) for adults and Score A Better Future Fundamentals for teens. These events aim to enhance participants' understanding of financial health, credit, and the FICO® Score. In collaboration with Chelsea FC and the U.S. Soccer Foundation, attendees will receive free tickets to the Chelsea vs Manchester City match at Ohio Stadium.

The events are part of FICO's 'Fields of Financial Empowerment' tour, addressing the need for improved financial literacy across the United States. Congresswoman Joyce Beatty, co-chair of the Financial Literacy and Wealth Creation Caucus, will attend the pregame ceremony to support the initiative. The workshops will cover key components of the FICO Score, strategies for improving financial health, and debunk myths surrounding credit scores.

Positive

• FICO is providing free financial literacy education to both adults and teens in Columbus
• Collaboration with Chelsea FC and U.S. Soccer Foundation increases event appeal and reach
• Attendees receive free tickets to a high-profile soccer match, potentially increasing participation
• Support from Congresswoman Joyce Beatty adds credibility to the initiative
• Partnership with multiple local and national organizations expands the event's network and resources

Negative

• None.

Congresswoman Joyce Beatty to make appearance at the Chelsea match to bring awareness to financial education

COLUMBUS, Ohio--(BUSINESS WIRE)-- Global analytics software leader, FICO, will host two free credit education events in Columbus on August 3^rd - Score A Better Future™ (SABF) for adults and, in partnership with the Central Ohio Youth Sports Collaborative, a Score A Better Future Fundamentals financial education workshop for teens. These events aim to provide Columbus residents with the knowledge and resources necessary to enhance their understanding of their future financial health, including the role of credit and an overview of the FICO® Score, the credit score used by 90% of top US lenders to make lending decisions.

In collaboration with Chelsea FC and the U.S. Soccer Foundation, as part of FICO’s ‘Fields of Financial Empowerment’ tour, participants of SABF and Fundamentals workshops will get the opportunity to attend the Chelsea vs Manchester City match for free, held after the workshops at the Ohio Stadium. Congresswoman Joyce Beatty, co-chair of the Financial Literacy and Wealth Creation Caucus, will be present at the pregame ceremony of the Chelsea vs Manchester City match to help kick off the fifth match of Chelsea’s pre-season tour.

"FICO's financial literacy events will be a great opportunity to showcase the importance of financial literacy. For Columbus area residents, understanding how to build their credit scores and planning for their financial goals are the first steps towards financial success," said Congresswoman Beatty, co-chair of the Financial Literacy and Wealth Creation Caucus.

The Fields of Financial Empowerment tour aims to increase access to financial literacy education across the United States, addressing the need to enhance understanding of credit and personal finance through a sequence of workshops. FICO's Score A Better Future program aims to educate attendees on the impact of credit scores on lending decisions, help attendees understand the key components of the FICO Score, strategies for improving financial health understanding, and the myths and facts surrounding FICO Scores. FICO’s Score A Better Future Fundamentals program is designed to educate teens on how to develop good financial habits and understand the role of FICO Scores and credit. With the support of the U.S. Soccer Foundation and local organizations, teens are brought to these workshops to gain valuable financial knowledge.

“Throughout the Fields of Financial Empowerment tour, we have been privileged to connect with individuals eager to learn how to achieve their financial goals through FICO’s financial and credit education sessions," said Jenelle Dito, Client Services at FICO Scores. "FICO remains dedicated to equipping youth and adults alike with resources for personal finance and credit education, preparing them for a prosperous future."

FICO is dedicated to expanding access to financial literacy education, providing communities across the nation with the tools needed to empower individuals to reach their financial goals.

The Columbus SABF event, which is open to the public, will give attendees the opportunity to hear from Money Management International (MMI) and have an opportunity to set up a free consultation with MMI to get their FICO® Score, discuss their credit report, and set a plan to achieve their financial goals.

Other FICO partners for the event include:

• Central Ohio Youth Sports Collaborative (local)
• Central Ohio African American Chamber of Commerce (local)
• Freedom Equity Inc (local)
• Columbus Empowerment Corporation (local)
• Women's Center for Economic Opportunity (local)
• Columbus Financial Empowerment Center (local)
• Consumer Action (national)
• National Consumers League (national)
• Diversified Resource Network (national)
• National Association of Women Business Owners (national)
• Small Business Roundtable (national)
• Society for Financial Education and Professional Development, Inc. (national)
• Future Business Leaders of America (national)
• U.S. Soccer Foundation (national)

Who: FICO, U.S. Soccer Foundation, Chelsea Football Club, and the Central Ohio Youth Sports Collaborative.

What: Score A Better Future and Score A Better Future Fundamentals are free community education and financial empowerment events by FICO in partnership with national and local nonprofits

When:

Score A Better Future: Saturday, August 3, 2024 at 1:00 - 2:30 p.m. EDT.
Score A Better Future Fundamentals: Saturday, August 3, 2024 at 3:00 – 4:30 p.m. EDT.

Where:

The Ohio Union
1739 N High St,
Student Alumni Council Room Columbus,
OH 43210

To register for the Score A Better Future event or get more information on the program, visit: https://www.fico.com/sabf/workshops-designed-for-you.

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

About Score A Better Future ™

Score A Better Future is FICO’s free credit education program hosted across the country to teach consumers about the key ingredients in the FICO® Score, and connect them to free, one-on-one counseling from certified not-for-profit counselors tailored to their individual financial health and goals.

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 is a registered trademark of Fair Isaac Corporation in the U.S. and other countries.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240726486322/en/

Julie Huang

press@fico.com

Source: FICO

FAQ

When and where is FICO hosting the Score A Better Future events in Columbus?

FICO is hosting two Score A Better Future events in Columbus on August 3rd, 2024. The adult event is from 1:00 - 2:30 p.m. EDT, and the teen event is from 3:00 – 4:30 p.m. EDT. Both events will be held at The Ohio Union, 1739 N High St, Columbus, OH 43210.

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

The purpose of FICO's Score A Better Future events is to provide free credit education and financial empowerment to adults and teens. The events aim to enhance participants' understanding of financial health, credit, and the FICO® Score, which is used by 90% of top US lenders for lending decisions.

How is FICO collaborating with Chelsea FC for the Columbus event?

FICO is collaborating with Chelsea FC as part of the 'Fields of Financial Empowerment' tour. Participants of the Score A Better Future workshops will receive free tickets to attend the Chelsea vs Manchester City match at Ohio Stadium, which follows the workshops.

Who are the key partners for FICO's Score A Better Future event in Columbus?

Key partners for FICO's event in Columbus include the U.S. Soccer Foundation, Chelsea Football Club, Central Ohio Youth Sports Collaborative, and various local and national organizations such as Money Management International, Consumer Action, and the National Consumers League.