Credit Card Provider Jaja Finance Makes History with Partnership with Plain Numbers
In a bid to enhance financial literacy among UK consumers, Jaja Finance, a leading credit card provider, has partnered with Plain Numbers. This collaboration aims to help customers better understand their credit card bills and make more informed spending decisions.
The partnership comes at a time when consumers across the UK are feeling the squeeze due to the rising cost-of-living and economic uncertainty. Jaja Finance's commitment to this partnership is part of its ongoing efforts to improve the delivery and service around the way numbers are communicated to customers.
Jaja Finance has partnered with Asda to provide its 18 million customers with a rewards credit card, the Asda Money Credit Card. The partnership with Plain Numbers is an extension of these efforts, focusing on empowering consumers to navigate their credit usage more confidently and wisely.
According to David Chan, CEO at Jaja Finance, it is their job as a responsible lender to ensure customers understand their financial situation. He believes that the partnership with Plain Numbers will help improve customers' understanding of their bills and financial wellbeing. The partnership is a three-year commitment to help customers understand and manage their finances.
Mike Ellicock, CEO & Co-Founder of Plain Numbers, expresses delight at Jaja joining the Plain Numbers Community. He emphasizes the importance of helping consumers make informed financial decisions, especially in current difficult times. The partnership between Jaja and Plain Numbers is aimed at ensuring the financial health of customers while safeguarding responsible lending.
Jaja's employees will undergo Plain Numbers' training to improve the communication of numbers to customers. This training is expected to double customer comprehension, making financial information more accessible and easier to understand.
The issue of financial literacy is significant in the UK, with approximately half of working-age adults having numeracy skills at or below the level expected of an 11-year-old. About 20 million people in Britain have poor numeracy skills, making it crucial for companies like Jaja Finance to take steps to improve financial literacy.
With this partnership, Jaja Finance is setting a precedent for other companies to follow, demonstrating a commitment to their customers' financial wellbeing and responsible lending practices. This collaboration between Jaja Finance and Plain Numbers is poised to make a significant impact on the financial literacy of UK consumers.
This partnership between Jaja Finance and Plain Numbers is an extension of Jaja Finance's efforts in the business and personal-finance sectors, aiming to help customers navigate their credit usage more confidently and wisely. The collaboration is a three-year commitment to improve customers' understanding of their bills and financial wellbeing, as Jaja Finance believes it is their responsibility as a responsible lender to ensure customers understand their financial situation.
