Esusu, a leading financial technology company, has had an impressive impact from California Senate SB 1157. This legislation has enabled the deployment of $785,405 in eviction prevention rent relief to 374 households and has created approximately 3,000 new credit scores for previously credit-invisible renters. This bill has allowed renters to access financial products such as high-quality auto, home, and student loans, and has seen an average credit score increase of 140 points amongst participating renters.
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