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Lowe's Launches New Program To Help Employees Become Debt-Free

Lowe’s is seeking to remain a trailblazer in employee retention. Imagine a world where employers equipped their teams with the resources needed to eliminate debt! Lowe’s just might have laid the foundation for a model that others may want to adapt when it comes to keeping the people that keep the ship running happy! According to PR Newswire the retailer has announced a new education program that allows its associates to grow and develop in their careers. Not only will employees gain access to 100 percent debt-free programs, but they will also have the chance to unveil new opportunities to pursue  not only their career aspirations, but educational dreams too. “At Lowe’s, we believe greater access to education leads to more opportunities, and our success is intertwined with our associates’ success and their ability to continuously learn,” said Janice Dupré, Lowe’s executive vice president of human resources. “We actively listen to our associates to identify how we can help them in the...

Apr 15, 2022

Fintech Startup Qoins Reaches Milestone Of Paying Over $20M In Consumer Debt

With the help of financial innovations, the road to financial freedom is becoming more accessible for Black people and communities of color, and Qoins is a fintech startup helping to lead the way in continuing the streak of progress. Since its launch, Qoins’ mission has focused on helping their users pay off their debt and put money into their savings. Qoins’ strides in the financial wellness space have seen continued success and the app recently reached its latest milestone of paying over $20 million in consumer debt, according to a press release provided to AfroTech. “People of color, we tend to get the short end of the stick when it comes to interest rates,” co-founder Nate Washington tells AfroTech. “I can go into a whole spiel about how the credit score system is against us. For us, being able to see that impact and continue to get those testimonials where people tell us, ‘Hey, you really helped me pay off my student loans or my credit card and now I can actually do something...

Oct 4, 2021