Kingsport supports regional financial literacy campaign

The City of Kingsport is supporting a regional initiative aimed at helping people improve their credit scores and set them on a course to financial wellness.

The initiative is called “Tri-Cities Hwy 720” – a campaign meant to link financial counseling to the community at large and helping people achieve a credit score of 720. In Tennessee, the average credit score is 702, which is below the national average of 714. It’s worth noting, the past several years Tennessee average scores were well below the 700 mark.

“A healthy credit score can change your life,” said Kingsport Mayor Pat Shull. “If you can achieve a score of 720, you can open doors to so many opportunities- like housing, lower interest rates and a better life for yourself and your family.”

With this in mind, organizations are joining together to note the importance of the score on July 20 or 7/20.

Financial professionals will hold more than two dozen seminars, workshops and appointments at various banks, credit unions and non-profit organizations across the Tri-Cities region on July 20. During these in-person and virtual meetings, financial professionals will offer advice, resources and information about how to improve your credit score and hopefully reach the key number of 720.

To find a location near you visit https://unitedwayetnh.org/tri-cities-720/ for more information or to schedule an appointment.

For more information about the campaign, contact Joshalyn Hundley, First Horizon’s Vice President of Community Development, at jwhundley@firsthorizon.com or 865-971-2005.