BetterFi
9933 TN-56, Coalmont, TN 37313
BetterFi is a Tennessee-based nonprofit CDFI loan fund that provides affordable small-dollar loans as an alternative to predatory payday, car title, and flex loans that can carry annualized rates up to 460%. It targets underbanked households in rural Tennessee, particularly on the South Cumberland Plateau, helping families escape debt traps.
Loan products
Who qualifies
Underbanked and low-income individuals in Tennessee, particularly those trapped in or at risk of predatory payday or title loan cycles. Free tax preparation (VITA) services also offered.
Focus areas
Federally Certified CDFI
This institution is certified by the U.S. Department of the Treasury as a Community Development Financial Institution, meaning it is dedicated to providing fair financial services to underserved communities.
Reviews
Contact this lender
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Details
- Type
- Loan Fund
- Location
- Coalmont, TN
- Native CDFI
- No
- Languages
- English