fbpx
Connect with us

Finance

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 

 

I've always had a knack for storytelling! Hi there, I'm Chukwuma Agugbue. I'm a copywriter and, a blogger. I Interview individuals who've achieved some sort of success in their field- Actively building a knowledge base for Millenials

Join Disrupt Magazine

Become A Disrupt Contributor

Most Disruptive

Business4 weeks ago

John Mcafee – Predictions For The Future

John McAfee is a world-famous tech CEO, computer scientist, civil disobedience activist, privacy advocate, and pioneer of the commercial anti-virus...

Finance2 months ago

Gaby Wall Street – Teaching Latinas to Thrive During The Crisis

It’s no secret we are facing one of the most challenging financial times of the last few decades as we...

Entrepreneurship3 months ago

Tony Delgado – The #1 Entrepreneurship Movement In Puerto Rico

Puerto Rican online market is in constant progress. With many entrepreneurs who are coming here to start a business, it...

Entrepreneurship5 months ago

Elena Cardone – The 10X Ladies Conference Is Declaring 2020 The Decade For Women

The next ten years are meant for women to continue growing their potential and succeeding in multiple areas, including business....

Entrepreneurship5 months ago

50 Million Dollars Later Kosi Stobbs Is An Immigrant Success Story

Canada, due to its favorable immigration policy, has attracted diverse nationalities to live among its natives. Consequently, the country has...

Entrepreneurship5 months ago

Multi Talented Artist Laci Kay Somers Reveals Her Secret To Compounding Her Wealth

Everyone wants to know the secret to getting rich but we all know that after studying the likes of Warren...

Marketing11 months ago

How Josh Elizetxe Built Snow Into a $40 Million Dollar Business

There is nothing quite like an entrepreneur’s determination when starting a business. That’s my original quote by the way (pun...

Entrepreneurship12 months ago

How Jason Capital Became A Self Made Millionaire By 24

Have you ever wanted to earn the respect of everyone who ever looked down on you at some point in...

Entrepreneurship1 year ago

Sam Bakhtiar On His Way To A Quarter Billion

Dr. Saman Bakhtiar, who prefers being referred as Sam, lives in an 8200 square foot $5.2 million house, Sam is...

Trending

Copyright © 2020 Disrupt Magazine

The Disrupt Magazine & Podcast tells the stories of the world top entrepreneurs, developers, creators, and digital marketers and help empower them to teach others the skills they used to grow their careers, chase their passions and create financial freedom for themselves, their families, and their lives, all while living out their true purpose. We recognize the fact that most young people are opting to skip college in exchange for entrepreneurship and real-life experience. This Podcast was designed to give them a taste of that.