SesameThrive includes latest resources, tools, and tips to help consumers weather the pandemic while preparing for recovery
Credit Sesame introduced SesameThrive, a comprehensive platform to help consumers navigate their financial journey amid COVID-19, from managing daily cash and credit concerns to long-term recovery. SesameThrive incorporates educational resources, virtual tools and services with community insights and support to help consumers manage, recover, and thrive post-pandemic.
Credit Sesame gradually rolled out SesameThrive at the beginning of the COVID-19 outbreak, and approximately 1.4 million consumers have already used this resource. Additionally, more than 10,000 Credit Sesame members have participated in various surveys and have provided nearly 2,000 comments around their COVID-19 experiences.
Credit Sesame surveys reveal that consumers’ top three financial priorities since the crisis began continue to be: improving their credit score, paying down debt, and saving money. Of those expecting to receive stimulus payments, 21 percent planned to put the money in savings, while 19 percent planned to use it for bills and rent, and 18 percent wanted to help pay off some debt.
“We are consistently hearing from consumers that they are struggling with their cashflow, but they do not want to jeopardize their credit. They are looking for support to help manage both,” said Adrian Nazari, CEO and founder, Credit Sesame. “Through SesameThrive, we are creating a one-stop resource for consumers to minimize the impact of COVID-19 while steering them on a path to recovery and financial stability as soon as possible. We don’t want to just help them survive this difficult time—we want to help them thrive on the other side of it.”
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