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Boost Your Credit Score: Prince George's New Matching Grant Program

Boost Your Credit Score: Prince George's New Matching Grant Program

Prince George’s County has launched an innovative matching grant program aimed at improving residents' credit scores and increasing their wealth. The program, funded by MGM casino grant money, allows participants to invest a fixed amount monthly into a Federal Credit Union account, which the county will match for a year. This initiative, inspired by a similar successful local program, has helped individuals like Taiwo Ajayi significantly raise their credit scores, with Ajayi boosting his score from 640 to 705. The program also includes a financial planning component and has expanded to include more participants, with 576 slots available this year.

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