Altro, a financial empowerment platform founded in 2019 by 25-year-old Michael Broughton, is revolutionizing the way people build credit history and achieve financial stability. Former Forbes 30 under 30 and Y combinator alum, Broughton has successfully expanded Altro’s reach to residents in 47 U.S. states, offering a game-changing solution for individuals looking to improve their credit.
Previously available in only 10 states, Altro is now reporting to all three major credit bureaus – Experian, TransUnion, and Equifax. This means that by simply paying for services like Netflix and Spotify through the Altro platform, users can now have their payment history reported to all bureaus, effectively building their credit profile.
The significance of this development cannot be overstated. Altro’s mission is to bring financial power to everyone, regardless of their credit history. By leveraging the power of technology and financial partnerships, Altro is leveling the playing field and creating opportunities for individuals who have often been left behind.
NBA All-Star and entrepreneur, Chris Paul, recognizes the importance of solutions like Altro in promoting financial stability. He has partnered with Altro to champion their cause, stating, “Solutions for financial stability are extremely important to level the playing field for the people who have often been left behind.”
Building good credit opens doors to achieving dreams such as purchasing a house, car, or starting a business. With Altro, users can turn financial challenges into opportunities for growth. By downloading the Altro Culture and Finance App from the lOS Store and following @altro_finance, individuals gain access to money tips and tricks to level up their finances.