Rolling out this month, our enhanced financial wellness platform helps employees take control of their financial well-being.

The platform is a holistic approach to financial wellness, comprised of a core financial education program, free credit reports,; alternative credit reporting,; and rewards for saving money and reducing debt. The services are available at no cost to employers, unlike many financial wellness programs today, and are free to employees with the exception of a fee to use alternative credit reporting.

Purchasing Power is partnering with four innovative companies – LifeCents™, SaveUp, eCredableSM and Quizzle®. – to provide the financial wellness platform.  LifeCents™ is a web-based, core financial education program that helps consumers improve their financial understanding, outlook and behaviors through financial assessments and goal-setting; educational resources specific to financial goals or areas of interest; and incentives for completing goals and tasks.  SaveUp promotes saving and debt reduction through incentives. eCredableSM provides an alternative credit reporting and rating system that allows consumers to access financing products, such as auto loans and mortgages. It’s most effective for consumers with poor, limited or no credit history. Quizzle® brings awareness to the world of credit and gives consumers the knowledge they need to manage it themselves, providing free credit reports, credit education and encouraging credit monitoring.

Employees’ financial challenges need to be top of mind for employers.  Our enhanced financial wellness platform allows companies to help employees improve their financial health. This new program is a great value-add for your current clients, and is a great lead-in to focus on as you approach potential clients.

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