Former Banker Launches A Personal Finance Program and Offers Free Help to Employees Impacted by COVID-19

Francis Beltran is the founder of Qualifyo; a personal finance program with a mission to empower individuals and educate them on topics around money and credit.  

In an interview with Francis a couple of weeks ago, he shared some insightful tips on how he gained the right inspiration to create Qualifyo, overcame financial loss as a banker, and the problem his firm aims to solve. 

A Worthy Cause 

In 2008, Francis suffered enormous financial loss due to the Great Recession which resulted in him having to foreclose on different real estate properties and also return two vehicles to the bank.  

Needless to say, his credit report took a massive nosedive. This resulted in the closure of all his credit cards and even worse, he couldn’t even open a new checking account.  

The experience was deeply humbling but nonetheless, it served to teach many valuable lessons. It took years of constantly learning the hard way to recoup from the loss and rebuild his credit. The trauma from the experience spurred Francis to never find himself in a similar situation again. 

With today’s labor environment and record unemployment numbers, he has made it his mission to help as many people as possible who are in the same situation he was in 12 years ago. Qualifyo is looking to help individuals and families build their financial foundation by improving their credit, and set them up for long term financial success.  

With that said, Qualifyo will be launching a program called Covid Credit Care which will offer free credit restoration for 30 days for employees impacted by COVID-19; healthcare workers, restaurant and bar workers, hair stylists e.t.c. that have been impacted by the economic downturn. 

Solving Major Problems

The credit system in today’s society is not built to favor the average individual. Due to this, bankers, lenders, and financial institutions gain the advantage and profit from the consumer’s lack of knowledge. 

According to a study conducted by the Federal Trade Commission, about sixty million people have an error on at least one of their credit reports. 

Qualifyo’s mission is to educate its clients on such issues, usurp power from the majority and give it back to people through empowerment and education. 

Drawing Inspiration 

These last few months, the world has been brought to a standstill due to the ongoing COVID-19 pandemic. And because of the nature of this disease, economic activities are mostly on hold. Notwithstanding the negative effect on the economy and a possible looming recession.

These issues served as a call to action for Francis who took action and established his agency. 

Contact:

To contact Francis, you can reach him via the following channels: 

@francisxlauren,  @qualifyo