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JPMorgan Chase & Co. Announces Two-Year, $35 Million Commitment to Improve Consumer Financial protection

JPMorgan Chase & Co. Announces Two-Year, $35 Million Commitment to Improve Consumer Financial protection

Multi-year work helps struggling customers avoid payday that is costly by giving proven, affordable monetary solutions

Former First Lady of Ca Maria Shriver commends JPMorgan Chase for the growth of innovative methods to assist clients re re solve economic insecurity

WASHINGTON–( COMPANY WIRE )–JPMorgan Chase & Co. today announced a two-year, $35 million dedication to assist people and families conserve money, build credit and enhance opportunities that are economic communities throughout the world. The grants will give you best-in-class nationwide and local nonprofit companies utilizing the resources to simply help people find the knowledge, abilities and tools had a need to market security that is financial avoiding high priced solutions like payday advances or always always check cashing outlets for support.

This dedication develops regarding the efforts of this Financial Systems Lab SM , an independent five-year, $30 million program developed early in the day in 2010 by JPMorgan Chase together with Center for Financial solutions Innovation (CFSI), to recognize, make sure scale revolutionary lending options and solutions to boost economic protection.

“To successfully manage their day-to-day funds and policy for the long term, individuals need significantly more than fundamental economic literacy,” Sally Durdan, Executive Vice President and Head of Strategy, Chase customer & Community Banking, will state today throughout the Corporation for Enterprise developing’s (CFED) Assets Learning Conference in Washington, D.C. “They require actionable, well-timed information and sustainable financial loans created around their requirements. With this particular $35 million dedication, JPMorgan Chase may help people round the globe enhance cost cost savings, improve credit and build assets.”

The effects of financial insecurity get well beyond the people who find it difficult to cut costs and build credit. Continue reading JPMorgan Chase & Co. Announces Two-Year, $35 Million Commitment to Improve Consumer Financial protection