- Financial information company Experian is using the NCAA basketball tournament to promote financial literacy and the importance of managing debt with the help of Louisiana State University women’s basketball star and rapper Flau’jae Johnson.
- As part of the campaign, the company announced it would relieve $5 million of consumer debt for 5,000 families in Louisiana and contribute another $100,000 toward consumer debt relief (up to $500,000) for every LSU victory in the NCAA Women’s basketball tournament.
- Consumer debt is one of the greatest obstacles to building credit and financial stability, and Louisiana is one of the states with the highest percentage of poverty in the U.S., according to the U.S. Census Bureau….
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