Zebit, a company committed to offering no-cost, transparent credit to hardworking Americans, today announced that it will make ongoing financial contributions to the Intrepid Fallen Heroes Fund (IFHF) to support military personnel suffering the effects of traumatic brain injury. Donations to IFHF will be contributed for every new active and retired military service member who registers for Zebit. In addition to IFHF, Zebit also supports Fisher House Foundation and the Semper Fi Fund as part of its commitment to the military community and charitable giving.
“Through our work at the Intrepid Fallen Heroes Fund, we see some of the most traumatic effects war can have on military families, both physically and mentally,” said IFHF President Dave Winters. “Our efforts are based entirely on donations from the public, so being able to receive ongoing support from an organization like Zebit fulfills a critical need for service members, and their families, facing the terrible effects of traumatic brain injury. We thank Zebit for their financial support and commitment to our mission.”
Zebit is dedicated to improving the financial lives of those who serve, combating the financial instability that often plagues military families from deployments, frequent moves and the epidemic of credit and lending scams taking advantage of U.S. armed forces. Zebit grants $1,000 interest-free credit exclusively to active and retired military members. The credit can be used in Zebit’s online marketplace to purchase brand name products and services at competitive retail prices. Unlike any other credit offering, members pay over time for their purchases without fees, interest or penalties. Zebit also offers its military members a free financial wellness library comprised of budgeting tools, online education and an Instant Budget mobile app, which takes the guesswork out of budgeting and automatically creates a customized budget based on income, where someone lives, and the number of people in his or her household. This first of its kind financing solution helps service members avoid revolving debt and accruing interest that comes with credit cards or other financing options.
“Zebit believes American service members and their families deserve a no-cost financial solution specially catered to the unique needs of military life. In parallel, we want to do our part in giving back and supporting organizations that go the extra mile for our troops,” said Michael Thiemann, CEO and co-founder of Zebit. “The Intrepid Fallen Heroes Fund stood out to us as a group committed to American heroes and their families—a community that is close to Zebit’s heart.”
Elicia Ritter, vice president of finance and treasurer at Zebit and U.S. Marine Corps veteran, weighed in as well, viewing the partnership through a very personal lens: “I left for boot camp just a few days after turning 18, seeing it as a limitless opportunity to serve my country. Honestly, I didn’t realize how financially strenuous the commitment would be.” She adds, “I truly believe that had there been an option like Zebit for me, I could have been able to plan, manage and respond better to emergencies, unexpected expenses and life-event purchases. At Zebit, we hope to give those who serve and their families that same opportunity.”
The Intrepid Fallen Heroes Fund supports the men, women and families of the armed forces. Since 2003 the Fund has provided nearly $200 million in support of the families of military personnel lost in service, and for severely wounded military personnel and veterans. IFHF programs have included Family Support, the Center for the Intrepid, the National Intrepid Center of Excellence and Intrepid Spirit centers. One hundred percent of donations to the Intrepid Fallen Heroes Fund go directly to its programs. No portion of the contributions is deducted.
Active and retired military members associated with the U.S. Army, Marine Corps, Navy, Air Force and Coast Guard interested in joining Zebit and receiving $1,000 interest-free credit should visit www.zebit.com/military. Zebit is planning to expand registration to the National Guard, reserves, veterans, and spouses in 2017.
Posted on June 27 2016 in News