The Davis&Davis story began in 2008 when three former high school classmates got together to shoot a few rounds of pool in Philadelphia. At the time, Founder and President, Jahi B. Davis, worked as a small business loan officer, shortly after earning his MBA. He quickly learned that business owners typically faced an uphill battle: lack of financial statements, business plans and good credit. It was a reoccuring and frustrating nightmare for everyone involved in the lending process. The idea of helping people develop a business plan and improve their credit made sense but no one had verbalized it until that night back in Philadelphia. Not long after, Jahi rushed back home and set about launching the company [formerly named DignitasCredit, LLC] in 2008.
Jahi spent long hours thinking about strategy and planning the business. The more he worked at it, the more convinced he became that getting approved for a traditional bank loan or mortgage was very difficult for the average person. Davis&Davis Credit Advisors, LLC was later founded when Vicki Davis (no relation), a former banking executive saw the vision in May 2012. After meeting at a local Denny's for lunch, it became clear that the world needed a new approach and Davis&Davis was born. The very next day they had acquired a contract to provide credit counseling and money management training for the new development MetroTowns at Parkside, through a well-respected nonprofit organization based in Washington, D.C. Vicki Davis provided financial literacy training for the Hope IV Program in previous roles, but leading clients that were in public housing to first-time homeownership was a monumental task. When Davis&Davis began taking clients in 2012, they lacked the systems and tools they utilize today. "Our team used spreadsheets to track clients, taught classes and met every client in a community center. Despite our early limitations, we managed to do a great job for our clients, and 83% of them became first-time homeowners with our help," says Jahi B. Davis.
Davis&Davis has taught classes in over 30 major cities, interacted with every cultural and ethnic group, served government agencies, nonprofits and corporate partners, and counsels clients from all walks of life. Today, we are continually expanding services in response to client needs. In addition to personal + business credit, Davis&Davis now offers web-based financial education that allows a single individual or thousands of employees to take financial literacy classes at any time as long as they have an internet connection. Additionally, they offer expert advice on setting up a company's books, provides credit consultations for couples, and offers a proprietary program called LenderMatch to ensure that your business is matched to the right type of financing!
We love coming to work every day! Clients get to enjoy free coffee, late hours to meet an advisor,and an overall positive atmosphere. We look forward to meeting you!
From the people at Davis&Davis
With us from the beginning, we loved teaching
personal finance. It's at the heart of what we do.