TrueConnect is a financial wellness platform offered by Employee Loan Solutions, LLC, in partnership with Sunrise Banks, N.A., Member FDIC. Its core mission is to provide a responsible alternative to high-cost payday loans and other predatory lending options. The program is offered as a voluntary benefit through employers, allowing their employees to apply for small-dollar loans (typically $1,000 to $5,000) which are then repaid through automatic payroll deductions. The service is designed to help employees manage unexpected financial hardships without falling into debt traps, thereby improving their overall financial stability.

Founded in

United States