Rely Credit will offer bilingual loan products first in Spanish through partner outlets
Posted: October 19, 2021 at 6:45 a.m. EDT
IRVING, Texas, October 19, 2021 / PRNewswire / – TF Holdings, Inc., a leading innovator in financial technology and services, announces the launch of its new lending company, Rely Credit, specializing in bilingual lending products to be offered in participating partner stores that cater to the Latin Hispanic community. We are honored to work with our business partners to provide this well-deserved credit opportunity to the customers they have served for years.
Rely Credit is focused on offering financial products to meet the unique borrowing needs of members of the Latin community in United States. Despite being one of the fastest growing demographics in America, members of the Latin community are three times more likely to be underbanked than other consumers, according to the Federal Reserve. Rely Credit will focus on this need by providing Latino consumers with affordable, fast and convenient access to the funds they need – at the participating partner stores they visit today.
Martin J. Wong, Chairman and CEO of TF Holdings, Inc. said, “We know that applying for a loan and taking the first step in establishing credit can be difficult and often an emotional process. the expertise and willingness of our partners to provide a simple, convenient and more inclusive borrowing experience for this community. “
Everyone deserves fair access to credit, regardless of their credit experience. Rely Credit will be the financial entry point for Latino consumers who may have been overlooked by traditional lenders. With our simplified, affordable products and the trust our business partners have built in their communities, we can help these customers earn the credit they deserve as they work to build their American Dream.
About TF Holdings, Inc.
TF Holdings, Inc., through its subsidiaries, provides credit and financial wellness tools to consumers and licenses loan origination, risk underwriting and loan management software to lenders. The company’s activities serve consumers and lenders with a portfolio of innovative products, including Credit Jora, Echo credit, Rely Credit, Thinkflow, iQ Decision Engine and the Cortex loan management platform. TF Holdings, Inc. is based in Irving, Texas.
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