Citigroup Joins Industry Effort to Lend to People Without Credit Scores

Citigroup is joining a government-sponsored effort to expand access to credit in underserved communities.

The bank is launching two pilot programs early next year under the Office of the Comptroller of the Currency’s Project REACh, or Roundtable for Economic Access and Change. One program will issue credit cards to people without credit scores, while the other will make it easier for small businesses owned by minorities, women and veterans to get credit.