Momentum app rounds up purchases to pay loans off faster
CINCINNATI, September 15, 2020 /3BL Media/ – Fifth Third Momentum™ recently hit a milestone: It now has helped customers pay down $5 million in student loan debt. The Fifth Third Momentum app, which launched three years ago, allows customers to round up their debit card purchases to apply to a student loan.
by Danielle Burns, Head of Business Development at CNote
After college, I started to work in a meaningful career and my passion began to shift towards creating an environment for myself that I could be proud of and fully support. I started to think more holistically about money. How would it contribute not only to my life but to the lives of others around me? I wanted my money to support both the tangible and intangible needs and desires. I also knew that I didn’t want to be defined by money whether in the red or black.
Naffie Baldeh was 27 when she decided to go back to school. A single mother in the South Bronx, she’d been in and out of community colleges over the years as her family obligations and financial circumstances allowed.