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6 Tips for First Time Credit Card Holders in 2023
It’s 2023 and you’ve finally decided to open a credit card. Congrats and welcome to the credit building family! We’re so proud of you for taking action towards your personal financial journey 🙂 TomoCredit wants to share with you 6 tips that will help you maximize your Tomo card: 1. Pay your bills on time. Luckily,…
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This startup says the #1 purchased item during SF Bay Area storm might surprise you…
If you or your friends and family live in the Bay Area, then you’ve probably been hearing a lot about the recent storm, leaving dozens of cities and cars flooded. Tomo’s data team gives an inside scoop on what their customers were spending during this near-record worst rain storm in 173 years — and the purchase item…
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Goodbye BNPL in 2022, Hello BNPN (Buy Now, Pay Now) in 2023!
BNPL has taken consumers by storm in the last few years. But these apps, like Klarna, Afterpay, etc. should not be expecting the same results from spenders in 2023. Consumers this new year are much more diligent and smart with how they spend their money. With more tools and education on financial literacy and startups,…
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How this startup is helping Southwest customers after the airline’s disastrous failure
Southwest Airlines recently announced a major failure on their end, resulting in the cancellation of over 15,000 flights. On average, U.S. consumers spend $450 of their holiday budget on travel and plane tickets, making it the top spend item. Although Southwest has offered refunds and expense reimbursements, TomoCredit, SF based startup, wants to do more,…
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This startup wants you to reach the highest credit score FAST in 2023!
As many of us are planning our New Year’s Resolutions, it seems safe to say that Financial Resolutions usually make the top of the list. This year, TomoCredit, an SF based startup, wants to help millions reach their highest credit score, as FAST as possible. TomoCredit is targeted towards GenZ and Millenials and aimed at…
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How to get approved for credit cards when you have no/bad credit score
This New Year, TomoCredit, a fintech startup based out of San Francisco, CA, wants to help you build credit even if you don’t have a credit history! (or if you simply need to rebuild your score). The Tomo card, better known as “GenZ’s favorite credit card”, lets you build credit without having ANY credit history.…
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How Crypto payments are becoming reality
Crypto has been viewed upon as speculative instruments, not payment mechanisms. While Bitcoin was originally intended to be a new world currency, it has transitioned to more as a hedge against inflation and a store of value. In a sense, spending Bitcoin would be a lot like spending Apple stock. Sure, you can spend it,…
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What Happens When We Have More Women In Charge
Empowering female tech employees amid the growing number of anti-abortion laws in the U.S. After almost 50 years since the historic Roe v. Wade decision in 1973, more and more states have been looking for legal loopholes to put in place to make it harder for people to access abortion care. This trend exploded in September…
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Finance Gender Gap: Looking at the Gender Gap in Financial Literacy
In a Global Financial Literacy Excellence Center study, female participants answered 49% of personal finance questions correctly while male participants answered 56% of them correctly. Although both these scores are very low and need to be brought up significantly, the interesting findings were about the gender gap in financial literacy as the study also found…
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A Guide to Re-entering Society After the Pandemic
Just a few weeks in, this summer has already proven to be different from the last — the previous year’s uncertainty unsurprisingly resulting in a comeback season for many who are making up for lost vacation time. This moment can feel like a second chance at fulfilling the plans that were postponed for longer than initially anticipated.…
